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Suno In the Midst of Series D Funding Round Following $250M Raise in November

Billboard·Kristin Robinson·29 days ago
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The new funding round is expected to match or better the company's prior raise, announced just six months ago. Courtesy Photo Trending on Billboard AI music company Suno is in the midst of a series D funding round, sources familiar with the raise tell Billboard. The news follows six months after Suno’s Series C round, which resulted in a $250 million raise , led by Menlo Ventures, bringing the AI music company’s valuation to $2.45 billion. Related This round is expected to close in the coming weeks and will likely raise above the $250 million mark, as it is typical for funding rounds to continue to mount greater sums if the startup has continued to grow. According to a source familiar with the matter, multiple music industry investors are involved in the ongoing Series D round, and music industry investors have been putting money into each of Suno’s rounds, although most of them ultimately keep their support of the still-controversial AI music firm private.…

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