Digital Music News logoSUBSCRIBE LOG IN
Categories
DMN ProEventsSync NewsJobs Listings
PodcastsDMN TVAbout Us
Menu logo
Trending
Chappell Roan Gets Torched by a Music Industry Exec for ‘Broadcasting Naivete’ During Her Grammy Acceptance Speech — Halsey Responds
Universal Music Group Reorganizes Nashville Operations, CEO Cindy Mabe Steps Down
GenAI Music Rights Startup Musical AI Raises $1.5 Million in Funding Ahead of a Seed Funding Round
Eat The Cookie Up, Call PETA—Post Malone’s OREO Team Up Strikes PETA’s Ire
Warner Music Inks New Spotify Agreement — Including a ‘Direct Licensing Model With Warner Chappell’
How Much Artists Make Per Stream on Spotify, Apple Music, Amazon, YouTube, Pandora, More
HomeArtificial Intelligence (AI)
GenAI Music Rights Startup Musical AI Raises $1.5 Million in Funding Ahead of a Seed Funding Round
Ashley King February 6, 2025
Musical AI
Photo Credit: Musical AI
GenAI music rights startup Musical AI has raised $1.5 million ahead of its seed funding round planned for later this year.
Musical AI is one of the genAI music rights startups vying to be the go-to marketplace for AI companies to strike licensing deals with rights holders.
The company has raised $2.1 million CAD (around $1.5 million) of funding ahead of a separate seed funding round planned for the first half of the year. This round was led by Canadian venture capital firm Build Ventures, alongside unnamed angel investors. Rights holders like Symphonic Distribution and Kanjian, and AI companies like Beatoven, are also on board.
Musical AI is not just serving as a licensing broker, but features tech to analyze the outputs of its AI clients — music generated by its AI models — to accurately divide revenues between the original music inputs used.
“As the opportunity for revenue and need for licensed content become clearer every day, we’re seeing more rights holders and AI companies recognize the need for our platform,” says Musical AI COO and former Beatport head Matt Adell. “Generative AI will need attribution, and we’re the first to master it and provide a secure platform that implements it along with industry-accepted revenue sharing.”
“If we want AI training to be sustainable and ethical, we need attribution. Musical AI is the only company offering it in the audio space,” adds Musical AI CEO Sean Power. “I’m thrilled that discerning investors are backing our efforts to transform how AI is trained.”
According to Musical AI, the platform works by determining what inputs have led to a particular generative AI output, from which it can parse what percentage of an output came from which data source. Rights holders can monitor, take down, and sunset usage of the works they own, while generative AI companies can access licensed data and use Musical AI’s reports to monitor usage for each output generated.
Share on:
Facebook
Twitter
LinkedIn
Copy Link
Related Posts
DMN Pro Exclusive
In Terms of Subscribers, Spotify Is Still the Top Dog In the US — But Apple Music Is Rapidly Narrowing the Lead Ahead of Its Major Super Bowl Halftime Sponsorship
Paul Resnikoff February 5, 2025
DMN Pro Exclusive
Spotify Individual Premium Subscribers Continue to Flatline In the US — As the Broader US-Based Streaming Music Subscription Picture Remains Soft
Paul Resnikoff January 29, 2025
Roblox shares drop
Roblox Shares Drop by 20% As Daily Active Users Fall Short of Target Goals
Ashley King February 6, 2025
Milkshake Festival drops Azealia Banks after trans protests
Milkshake Festival Cancels Headliner Azealia Banks Following Protests from Trans Community
Ashley King February 6, 2025
Leave a Reply
You must be logged in to post a comment.
Subscribe to Our Daily Newsletter
Your email address
Terms of Use | Privacy policy | Privacy settings
Digital Music News ©2025. All Rights Reserved
CategoriesDMN ProEventsSync NewsJobs ListingsPodcastsDMN TVAbout Us