A $125 million fundraising round was secured by Suno, a music production platform situated in Cambridge, MA.
Investors
- Lightspeed Venture Partners
- Matrix
- Founder Collective
- Daniel Gross
- Nat Friedman
Use of funds
The firm plans to expand its workforce and quicken the pace of product development with the money.
About Suno
Under the direction of CEO Mikey Shulman, Suno is developing v3, an AI music model that can create songs of up to two minutes in length and has radio-level sound quality.
3LAU, Aaron Levie, Alexandr Wang, Amjad Masad, Andrej Karpathy, Aravind Srinivas, Brendan Iribe, Flosstradamus, Fred Ehrsam, Guillermo Rauch, and Shane Mac are among the group of advisers the firm is collaborating with.
Version 4 is still being developed.