AI-driven music creation platform SoloAI has raised $2 million in a seed funding round led by HSG (formerly Sequoia China), with additional backing from Story Protocol, angel investors, and prominent figures in the cryptocurrency and music industries.

The funding marks a significant step in the intersection of artificial intelligence (AI) and Web3, as SoloAI aims to make music composition accessible to users regardless of their musical background. The platform utilizes AI to help users generate, share, and monetize original tracks while incorporating blockchain technology to create a decentralized ecosystem for digital music assets.

SoloAI has also been developing AI-powered virtual YouTuber (VTuber) agents that use music as a core medium for interaction. These digital performers can compose, engage with audiences in real-time, and contribute to the growing space of decentralized, AI-driven entertainment.

“The rise of AI-generated music is reshaping the way creators and audiences interact, and we are excited to be at the forefront of this transformation,” said a SoloAI representative.

The growing adoption of AI music tools reflects broader trends in artificial intelligence, positioning AI-generated music alongside technologies such as ChatGPT, MidJourney, and Character.ai. According to industry estimates, more than 10 million users have engaged with AI-generated music in recent months, underscoring its rising influence in creative industries.

SoloAI’s Web3 integration aims to further decentralize music distribution and monetization, allowing artists to benefit from blockchain-based ownership and tokenized attention models. With backing from key investors and ongoing partnerships in the blockchain space, the company is positioning itself as a leader in AI-driven music technology.

Editorial Note: This news article has been written with assistance from AI. However, opinions and perspectives are those of Harshajit Sarmah.