AI Music Company Suno Raises $400 Million at $5.4 Billion Valuation

By Corbin Bolies

Corbin Bolies

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Suno, an AI music generation platform, pocketed $400 million in its latest funding round, which the company says values the company at $5.4 billion.

The funding round, announced Wednesday, was led by Bond Capital, with IVP, Forerunner, Union Square Ventures, Alkeon Capital Management and Quiet joining the mix. Previous investors who joined the Series D funding round include Matrix, Lightspeed, Menlo Ventures and Schroders Capital, Suno CEO Mikey Shulman wrote in a blog post.

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