German music AI startup Cyanite has closed an €800,000 seed round with leading entrepreneurs from the music and technology industries to expand its AI-based solution for the music industry.
The funding was led by former finetunes founders Oke Göttlich and Henning Thieß.
Other experienced music and tech experts such as Michael Shmilov (former COO of Viber), Patrick Joest (former EVP of global content partnerships and sync at BMG), and Lars Ettrup (CEO and co-founder of Linkfire) backed the round, too.
In addition, family office Lioncorn Capital and other angel investors, including Daniel Kondermann, Oliver Lesche, Andrea Kranzer, Edmund Ahrend invested in this round
Founded in 2019, the Berlin and Mannheim-based platform aim to provide the entertainment and advertising industries with an AI-powered universal music intelligence capable of finding objectively appropriate music for any desired emotional target – be it for advertising, movies, podcasts, or playlists.
Cyanite allows music rights holders, music tech companies, and brand agencies to take control by offering AI solutions that provide better ways to sort, search, and match songs.
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