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What will be Suno's relationship status with major music production companies by end of 2024?
4
Resolution / Starting Odds
Collaboration announced • 25%
No collaboration • 25%
Acquisition by a major company • 25%
Strategic partnership without acquisition • 25%
Music industry news and company press releases
Story
AI Music Startup Suno Raises $125M in Series B Funding Led by Lightspeed
May 21, 2024, 03:28 PM
AI music generator Suno has successfully raised $125 million in its latest Series B funding round, led by Lightspeed Venture Partners. The funding will be used to accelerate product development and expand the team. Suno's AI technology allows users to create professional-sounding music, making music creation accessible to a broader audience. The company has garnered attention for its innovative approach and potential to transform the music industry. Other investors in this round include Nat Friedman, Daniel Gross, Matrix, and Founder Collective.
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Similar markets
Spotify • 25%
Apple Music • 25%
Amazon Music • 25%
YouTube Music • 25%
Drake • 25%
Billie Eilish • 25%
Kanye West • 25%
Ariana Grande • 25%
Under $750 million • 33%
$750 million to $1 billion • 34%
Over $1 billion • 33%
Yes • 50%
No • 50%
