Press Clipping
01/24/2025
Article
Music AI raises $40 million in funding: Ethical AI reshaping the music industry

The creators of Moises are leading the charge for innovation and ethical practices in AI-driven music.

A major investment for ethical AI in music

Music AI, the company behind the Moises platform, have successfully raised $40 million in a Series A funding round led by Connect Ventures and monashees. Notable investors contributed to this funding, including renowned DJ Steve Aoki, underscoring the growing confidence in Music AI’s innovative and ethical approach.

Music AI: revolutionising music creation

Originally launched in 2019 under the name Moises, Music AI has grown to offer both a business-to-business (Music.ai) and a consumer-facing (Moises.ai) platform. Moises, its global consumer product, has amassed over 50 million users- a 66% increase from 30 million in April 2023. In recognition of the platform’s success, Moises earned Apple’s iPad App of the Year award in 2024.