Press Clipping
05/30/2019
Article
Amadeus Code raises 'Series A Round' from World Innovation Lab

MUMBAI: Amadeus Code, the AI songwriting assistant, has received 200M JPY (approximately $1.8 M US) to support the development of its AI music generation platform. This Series A round is led by VC firm World Innovation Lab. WiL’s Masataka Matsumoto will join Amadeus Code’s board.

“We’re thrilled to find others in the tech world as excited by the prospects of AI in music and creativity as we are,” says Amadeus Code co-founder and COO Taishi Fukuyama. “We welcome the support and insight of WiL,” he adds.

“Recently, AI technology has been adopted in various fields, and like the Amadeus Code, the music industry is no exception,” says WiL general partner and co-founder Masataka Matsumoto. “In the music industry, which has long been called for a change in the business model, the company believes that its activities will be a new path. I think that I want to support them trying to challenge the global market from the time of foundation, making use of our global knowledge and the network of Japan-US,” he further adds.

Drawing on investments that range from Twitter to DocuSign to Sling Media, WiL and Matsumoto will offer additional guidance as the Amadeus Code team continues to expand its products and offerings. The app has quickly grown from a simple melody generator to an engine that can create chord changes, basslines, and beats based on user preferences and a library of popular tracks.

Amadeus Code will be unveiling a new set of groundbreaking features later this year.