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,…