Landr, a Montreal-based startup growing an AI-powered inventive platform for musicians, lately introduced that it lately closed a $26 million sequence B investment spherical led via Sony Innovation Fund, microphone producer Shure, and state-owned financing company Investissement Québec and Fonds de solidarité FTQ. (Investissement Québec and different backers contributed $7 million as an preliminary convertible observe, and the rest $19 million was once fairness.) The infusion — which additionally noticed participation from Warner Tune, Plus 8 Fairness Companions, Slaight Communications, YUL Ventures, and PEAK Capital Companions — brings Landr’s overall raised to over $30 million.
“Having the improve of established tune corporations like Sony, Shure and Warner in addition to tune trade traders reminiscent of Plus 8 and Slaight is a vote of self assurance, and marks the beginning of a brand new bankruptcy for Landr,” stated CEO Pascal Pilon. “This sequence B will let us take our wisdom and experience in tune generation to new marketplace transferring instructions.”
Landr — which was once cofounded in 2012 via Pilon and Stuart Mansbridge and which introduced publicly in 2014 — supplies a cloud-hosted mastering dashboard imbued with AI skilled on information from over 10 million tracks, which analyzes songs’ manufacturing kinds to create units of centered audio post-production processors. Algorithms make last-minute tweaks as wanted, optimizing each customized and curated samples from best artists. A set of collaboration gear let artists proportion tracks, go away feedback, and get right of entry to tracks from the cloud, and Landr’s distribution program allows them to submit to primary platforms like Spotify and Apple Tune with no need to fork over a lower in their income.
Landr lately rolled out more than one mastering kinds, quantity matching for playback, a brand new mastering personal tastes panel, and different high quality of existence enhancements, and the corporate printed that it now releases 1000’s of tracks weekly on platforms like Spotify, Apple Tune, and Amazon Tune. For the reason that 2.five million artists in 160 international locations all over the world have mastered and promoted over 12 million tracks created with its gear, it’s most likely unsurprising that Landr has attracted backing from big-name manufacturers and artists like Hans Zimmer, Nas, Richie Hawtin, Pete Tong, and Tiga.
“Landr displays nice building attainable and the Fonds de solidarité FTQ is proud to improve an organization that has an have an effect on in two sectors by which it believes in, synthetic intelligence and tradition,” stated senior vp of Project Capital Investments at Fonds de solidarité FTQ Alain Denis. “Due to its promising technological platform evolved right here in Quebec, Landr supplies an cutting edge device for creators and musicians all over the world, and is helping them push the bounds in their artwork.”
Along with its Quebec headquarters, Landr has an place of work in Los Angeles.