‘POZA Labs’, an AI sound creation company that received a seed investment from Naver D2SF, successfully attracted the series A investment from CJ ENM.
POZA Labs is drawing attention in various content industries such as games, advertisements, and TV shows by developing advanced AI sound generation technology that can create user-customized sound sources. Its strength is that it automates the entire intricate process of composing, such as mixing, mastering, and post-processing of the sound source, thereby realizing a natural and magnificent sound. In particular, it is evaluated that it has surpassed the limits of existing AI music by having all four steps of composition in various genres such as jazz, rock, EDM, cinematic, and world music.
With this investment, POZA Labs has established a strategic partnership while stably securing funds to enter the global market. In addition, in close cooperation with CJ ENM, the company plans to make it easier for the users to produce video content, maximize global distribution, advance AI sound generation technology, and expand genres to diversify its sound sources.
An official of CJ ENM said, “Through collaboration with POZA Labs, which has unrivaled technology, I believe the creative environment can be reinforced and new businesses will gain their momentum.” He added, "We will continue to make strategic investments to quickly respond to trends in the digital content market and secure related technologies."
Heo Won-gil, CEO of POZA Labs, said, “We expect that we will be able to present POZA Labs’ AI music to the world through various global content produced by CJ ENM.” He added, "We will spur the development of an AI composition platform for both domestic and foreign users and strengthen our global competitiveness."
Recently, POZA Labs is proving its global technological prowess, by publishing a paper related to the generation of AI sound source samples at “NeurIPS” (Neural Information Processing Systems), the world's most prestigious AI society. “Viodio,” the AI background music subscription service which was launched in September, is also getting a lot of response from content creators and companies.
Source: Pangyo Techno Valley Official Newsroom