News AudioShake raises $14m for AI tech that can turn any audio file into stems The company says it has seen a 400% YoY revenue spike, and counts Universal Music and Warner Music among its tech's clients
News From JYP’s AI artist venture to UMG’s Downtown deal inquiry pause… it’s MBW’s weekly round-up The biggest headlines from the past few days – all in one place
News AI music remixing platform Hook raises $3m from Kygo’s Palm Tree Crew, The Raine Group and more Hook’s unique selling proposition is that it offers a remedy to the proliferation of unlicensed content on social media
News TikTok rival Triller secures $50m in equity funding Funding round was secured through a private placement with institutional investors
News Audio and video collab platform Pibox raises $1.2M, joins Google for Startups program Pibox says its tools have led to an 86% increase in team efficiency “and sparked new and better ideas"
News Web3 music streaming platform Tune.FM raises $50m in funding The company has now raised $80M in its efforts to cut out the middleman between artists and music streamers
News Superfan engagement platform FanCircles raises $2m UK-headquartered FanCircles builds custom direct-to-fan platforms for artists
News Small events platform Posh raises $22M in Series A round The platform focused on intimate gatherings has raised $31 million so far, according to news reports
News Submix raises $1m in funding, launches remote music collab platform globally The platform promises to "unearth more opportunities for anyone currently or looking to work in professional audio"
News Mark Zuckerberg and wife’s investment fund join $22M funding round for kids audio platform Yoto The Zuckerberg Chan Initiative was responsible for about half of the latest funding raised for the maker of the children's audio Yoto Player.
News AI music generator Suno raises $125m, valuing company at $500m (report) "It’s very early days, but 10 million people have already made music using Suno," said Suno Co-Founder and CEO Mikey Shulman
News Direct-to-fan platform Medallion raises $13.7m from investors including Metallica’s Black Squirrel Partners The platform has built digital communities for artists such as Jungle, Disclosure, Greta Van Fleet and Sigur Rós
News Fan engagement app Afterparty.AI secures $5m in new funding, bringing total raised to $12m Afterparty says the money will go towards developing its new AI-powered platform