BeatOven Ai, an India-based Ai-driven music-tech startup, secured $1 million as a part of its seed round funding led by Redstart Labs (A Info Edge subsidiary), and from UK-based Entrepreneur First.

The raised funds will be used for team expansion, collaboration with global artists, and music acquisitions, as well as for product development.

The funds raised will help BeatOven create a highly customizable AI-assisted tool that understands each user’s preferences and enables them to create the soundtrack they have in mind. 

Company: Beatoven Private Limited

Raised: $1.0M

Round: Seed Round

Funding Month: March 2022

Lead Investors: Redstart Labs and Entrepreneur First

Additional Investors: 

Company Website: https://www.beatoven.ai/

Software Category: AI-driven music tech platform

About the Company: Beatoven.ai is an AI-driven music tech platform with a large variety of tunes and jingles that aid content creators and producers with soundtracks that are original, licensable, royalty-free, and cost-efficient. Beatoven.ai uses advanced AI music generation techniques to compose unique mood-based music to suit every part of your video or podcast. Beatoven.ai has been built to streamline solutions for music composition, music production, background sound effects, and songwriting. Beatoven.ai's mission is to imbibe various musical cultures of the world into one system and empower content creators with creative tools for easy accessibility of royalty-free music for their content.

Source: https://techgraph.co/business/startup/music-tech-startup-beatoven-ai-draws-1-mn-from-entrepreneur-first-and-redstart-labs/