Unique Research · Company / funding · April 6, 2023
AIGC music engine DeepMusic / Lingdongyin raised multi-ten-million USD A+ from GGV + Fengyuan Capital. Proceeds: self-developed AIGC music engine + apps; China/overseas GTM.
Founded 2018 — first domestic AI music engine on own AIGC stack (lyrics/compose/arrange/sing/mix). Global music users ~1.63B but creation barrier high; China online music users 689M (2021); 56.5% of K12 study music; amateur arrange fee ~¥5k/song. CEO Liu Xiaoguang (Tsinghua chem → producer of ~100 tracks); CTO Yuan Shengcheng (THU eng-physics PhD + Rutgers big-data postdoc on music/auditory models).
WeSing remix-style feature used >300M times / tens of millions users. Products: pro workstation ChordPie (和弦派, beta); social metaverse SoundDream Island; Pocket Band sandbox. GGV: entertainment looks emotional but tech-backed; DeepMusic has depth + genuine passion.
— END —