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Music AI raises $40m in Series A round, as its Moises platform hits 50m users

Music AI, the “AI-first” company behind the increasingly popular Moises music creation platform, has announced it has raised USD $40 million in a Series A funding round.The round was led by Connect Ventures – an investment partnership between entertainment and sports agency CAA and venture capital firm New Enterprise Associates (NEA) – along with Brazilian investor monashees.Other participants included Kickstart, Samsung Next, Toba Capital, Valutia, and Pelion. Prominent music industry personali...

Read more at musicbusinessworldwide.com

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