LifeScore, an England, UK-based AI music technology company raised £11 million ($14.4m) in Series A funding, led by Octopus Ventures, bringing its total funding raised to £12 million ($15.7m).
The round saw participation from Warner Music Group, IDEO, and 4 Good Ventures. Additional investment was received from existing investor Metaplanet Holdings OÜ, an early backer of the company.
The startup intends to use the £11 million investment to accelerate its traction in Europe, the US, and Asia by strengthening its technical, audio, and operations teams, expanding its customer base, and further investing in its proprietary adaptive music technology.
Company: LifeScore Limited
Raised: £11.0M
Round: Series A
Funding Month: March 2022
Lead Investors: Octopus Ventures
Additional Investors: Warner Music Group, IDEO, 4 Good Ventures, and Metaplanet Holdings OÜ
Company Website: https://www.lifescoremusic.com/
Software Category: Adaptive music platform
About the Company: Founded by film and video game composer Philip Sheppard, Tom Gruber, the co-inventor of Siri, and a respected AI expert, Ian Drew, who is described as a serial technology entrepreneur, and Chris Walch, a former attorney at Latham & Watkins. LifeScore is a new way to experience music, its endlessly adaptive music platform creates unique, real-time soundtracks for every journey. From the iconic Abbey Road Studios in London, work with world-class musicians and composers to record and compose musical building blocks. That musical raw material is then processed by our proprietary AI platform to generate soundtracks that adapt to the listener's environment and inputs, creating an authentic and interactive musical experience that is unique every time you engage it. The company is a graduate of the Abbey Road RED Incubator 2019 program.
Source: https://www.musicbusinessworldwide.com/warner-joins-11m-funding-round-in-ai-music-startup-lifescore-founded-by-siri-co-inventor-tom-gruber1/