On May 21, 2024, the AI music generation startup headquartered in Massachusetts, USA,Sunoannounced it had raised a new $125 million funding round. The investors in this round include Lightspeed Venture Partners, Nat Friedman and Daniel Gross, Matrix, and Founder Collective.
Founded in 2022, Suno is a generative AI music company capable of generating vocals, lyrics, and instrumentation. It is committed to enabling anyone to create complete songs through simple text prompts and hopes to promote the democratization of music creation. Suno is widely regarded as one of the most advanced AI music models on the market today. Although most of its technology is proprietary, the company also relies on OpenAI's ChatGPT for lyrics and title generation. Suno allows users to create complete songs based on simple text prompts and has already attracted 10 million users, including Grammy-winning artists, to use its platform to create music.
(Source:Suno official Blog）