2 years ago

SphereTrax Secures £100,000 Investment for AI-Powered Music Licensing Platform

  • SphereTrax, an AI-powered music licensing platform, has raised £100,000 in equity funding from Fintage House

  • The Hereford-based startup connects musicians with creatives in film, advertising, and gaming, offering artists up to 75% of royalties

  • The investment will support SphereTrax's mission to revolutionize music licensing and empower musicians.

      • ProblemMusic

      "Traditional music licensing models prioritize record labels over musicians, resulting in artists receiving a small share of royalties."

      Solution

      "SphereTrax provides an AI-based music licensing platform that allows creators to source music from artists directly, ensuring artists receive a fair share of royalties (up to 75%)."

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