Suno raises Series C funding with participation from NVentures, Hallwood Media, Lightspeed, and Matrix. Italy's antitrust authority opens investigation into the AI music company's terms of service.
Round Type
Series C
CambridgeInformation TechnologyArtificial IntelligenceMusicInvestors
Description
Suno, a U.S. music-generating artificial intelligence company, recently completed a Series C funding round with participation from Nvidia's venture capital arm NVentures, Hallwood Media, Lightspeed, and Matrix. Italy's antitrust authority has opened an investigation into Suno's terms of service, alleging they unfairly limit consumer rights and may create significant imbalances in contractual obligations. The investigation covers provisions related to contract modifications, subscription pricing, account suspension, copyright licensing, and dispute resolution mechanisms
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Suno raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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