Aimi Raises $20 Million in Series B  

by Kay Aloha Villamor in November 22nd, 2021

Aimi, a Los Angeles, CA-based generative music platform, raised $20 million in a Series B funding round led by Great Mountain Partners, with participation from Founders Fund. 

The company intends to use the funds to introduce an operating system with a novel programming language, a new suite of desktop tools for artist partners and aspiring producers, the latest version of the platform’s mobile app, and more.

Company: AiMi Inc.

Raised: $20.0M

Round: Series B

Funding Month: November 2021

Lead Investors: Great Mountain Partners

Additional Investors: Founders Fund

Company Website: https://www.aimi.fm/

Software Category: Generative music platform

About the Company: Led by President & CEO Edward Balassanian, Aimi offers listeners endless, bespoke experiences created by their favorite DJs and producers in collaboration with the platform’s artificial intelligence. Each of the dozens of Experiences currently offered by Aimi and its premium tier, Aimi+, features troves of an artist’s unreleased material, sonic ideas, and motifs in the form of one composition that changes whenever the user presses play, reanimating to one’s mood and real-time reactions. 

Source: https://www.finsmes.com/2021/11/aimi-raises-20m-in-series-b-funding.html

 

 


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