Enote, a Berlin, Germany-based music technology startup that uses AI to bring the world’s sheet music into a fully digital format, raised €10 million in pre-Series A funding.
The round was led by Dieter von Holzbrink Ventures (DvH Ventures), the EU’s European Innovation Council (EIC Fund), and the Rudolf Fuchs Family Office.
This injection of capital will enable Enote to further develop its interactive sheet music standard, which they believe will enhance the accessibility and affordability of sheet music and help the global music community achieve even greater success.
The funding will be used for initiatives that will bring innovations to the app, empower educators, and provide more artists with access to its collection.
“We‘re super excited to embark on the next chapter of our journey with such strong partners by our side,” Boian Videnoff, co-founder of Enote, and chief conductor of the Mannheim Philharmonic say. “Not only do they see the enormous business opportunity that lies in the still undigitized sheet music market, but they also understand the societal and cultural importance of Enote’s mission to democratize access to sheet music and make music education more rewarding, affordable, and effective for billions of digital natives around the world.”
Company: Enote GmbH
Raised: €10.0M
Round: Pre-Series A
Funding Month: April 2023
Lead Investors: Dieter von Holzbrink Ventures, the EU’s European Innovation Council (EIC Fund), and the Rudolf Fuchs Family Office
Additional Investors:
Company Website: https://enote.com/
Software Category: Intelligent Sheet Music
About the Company: Founded in 2019 by Boian Videnoff and Evgeny Mitichkin, Enote began with a dream of improving musicians' lives through technology and making quality sheet music accessible and affordable for everyone. Enote uses artificial intelligence to convert centuries' worth of written music into a reliable, flexible, and accessible digital format. The company’s iOS app gives musicians unlimited access to centuries of written music in a completely digital format, which makes it easier to find, prepare, and explore sheet music. The app has joined by over 70,000 musicians.
Source: https://blog.enote.com/10-million-funding/