In a recent development in AI-driven music creation, Beatoven.ai, a pioneering startup, has raised Rs 11 crore (approximately $1.3 million) in its pre-Series A funding round. The funding was led by Capital 2B and Entrepreneur First, and esteemed investors such as IvyCap Ventures, Upsparks Capital, Rukam Capital, and several angel investors participated.
Co-founded by Mansoor Rahimat Khan and Siddharth Bhardwa, Beatoven.ai has been at the forefront of revolutionizing music production through artificial intelligence. The infusion of fresh capital is poised to propel the company’s growth trajectory, focusing primarily on enhancing user experience by refining music accuracy and quality and introducing innovative editing features.
At the core of Beatoven.ai’s offerings lies a suite of groundbreaking features designed to empower creators to craft high-calibre music effortlessly. Presently, users can leverage the platform for text-to-music generation, with ongoing experimentation in multimodal inputs. This advancement allows users to input various forms of media, such as video, images, text, and audio references, to generate seamlessly aligned music tracks.
Utilizing Beatoven.ai’s web-based application, content creators gain access to a vast library of mood-based tunes spanning diverse genres, enabling them to create and customize tunes according to their preferences and requirements.
With a burgeoning network of partnerships already established with over 200 artists, Beatoven.ai is poised for further expansion. The company aims to bolster its collaborations by engaging with at least 500 artists within the next two to three years, solidifying its position as a leader in AI-driven music creation.
The recent funding infusion underscores investor confidence in Beatoven.ai’s vision and capabilities and signifies a significant milestone in redefining the landscape of music production through the amalgamation of artificial intelligence and creative ingenuity.
