Musical AI secures $1.5M to tackle ethical licensing in AI music
Investors fund innovative platform to ensure compensation for AI-generated music.
Musical AI raises $1.5M
Generative AI startup Musical AI has secured $1.5 million in funding, led by Build Ventures alongside unnamed angel investors. This investment marks a successful initial funding round, with an additional seed round planned for later this year.
Solving AI’s licensing and compensation challenges
Musical AI is positioning itself as the go-to marketplace for AI companies to secure legally licensed music for training their generative models. The company addresses two major concerns in the AI music industry:
- Preventing unlicensed use: Musical AI enables rights holders to monitor, restrict and manage the use of their content in AI model training.
- Ensuring fair revenue distribution: Its technology analyses AI-generated outputs to ensure that revenue is accurately distributed to the original artists whose work contributed to the AI’s creation.
By integrating licensing at the core of AI-generated music, Musical AI stands out as a pioneer in ethical AI implementation within the music industry.
“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 streaming.”
Matt Adell, Musical AI COO
Industry backing
With support from key industry rights holders such as Symphonic Distribution and Kanjian, and AI companies like Beatoven, Musical AI’s approach is already gaining traction.
As AI-powered music generation continues to grow, Adell believes that the demand for transparent and ethical licensing is becoming increasingly clear. Musical AI’s funding round signals investor confidence in a sustainable, rights-holder friendly approach to AI music innovation.