Musical AI has secured $1.5 million in funding to develop its AI music rights marketplace, with a seed funding round planned for the first half of the year. The funding was led by Build Ventures, with participation from angel investors and industry partners including Symphonic Distribution, Kanjian, and Beatoven.

The platform offers a unique solution for AI-generated music rights management by:

• Analyzing AI-generated music outputs to determine original input sources
• Accurately dividing revenues between rights holders
• Providing attribution tracking and monitoring capabilities
• Enabling rights holders to control and sunset usage of their works
• Offering licensed data access for generative AI companies

"Generative AI will need attribution, and we're the first to master it and provide a secure platform that implements it along with industry-accepted revenue sharing," explains Matt Adell, Musical AI COO and former Beatport head.

The company has positioned itself as a crucial intermediary between rights holders and AI companies, offering both technical solutions and marketplace functionality. CEO Sean Power emphasizes the platform's unique value proposition: "If we want AI training to be sustainable and ethical, we need attribution. Musical AI is the only company offering it in the audio space."

The total funding raised by Musical AI now stands at $2.1 million CAD (approximately $1.5 million USD), with plans for additional expansion through an upcoming seed round.

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