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Suno raises USD 125 million in venture funding
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May 20, 2024
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Generative AI Applications

Generative AI Applications

May 20, 2024

Suno raises USD 125 million in venture funding

Funding

  • Suno, a GenAI-powered music creation platform, has raised USD 125 million in new funding from Lightspeed Venture Partners, Nat Friedman and Daniel Gross, Matrix, and Founder Collective.

  • The company plans to use the funding to invest in further product development and expand its team.

  • Suno offers a GenAI-powered music creation platform that enables users to create original songs, melodies, harmonies, and fully-formed compositions by entering text prompts or lyrics. Since its launch in November 2023, the company has served over 10 million users.

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