Stability AI raises a $76 million Series B funding round led by major music and entertainment investors
Funding ● Confirmed 90% confidence first seen
Stability AI announced it raised $76 million in Series B funding, bringing its total funding to $232 million. The round included investments from Sony Music Group, Universal Music Group, and Warner Music Group, along with other entertainment and tech investors, and the company said it would use the capital to expand its creative production efforts and professional services.
Stability AI
Stable Diffusion
AMD
AMD Ventures
Electronic Arts
London
Sony Music Group
Stable Diffusion
United States
Universal Music Group
Warner Music Group
Source coverage
Stability AI raises $76M, with Warner and Sony investing
Tech.eu
independent
Stability AI, maker of image generator Stable Diffusion, raises $76 million in fresh funding
TechCrunch
independent
Major record labels, AMD back $76M round for Stability AI
SiliconANGLE
independent
Stability AI raises $76M from Universal, Sony and Warner Music to expand creative AI
Tech Funding News
independent