Home Startups In brief: It looks like TikTok has acquired Jukedeck, a pioneering music...

In brief: It looks like TikTok has acquired Jukedeck, a pioneering music AI UK startup

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Source:TechCrunch

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  • A key change is in the works for Jukedeck, a pioneering AI startup out of the U.K. which was building technology to create music using AI — including the ability to interpret video and automatically set music to it.
  • The London company has reportedly been acquired by hot social media music startup TikTok, owned by China’s ByteDance.
  • Jukedeck was previously a TechCrunch London 2015 Battlefield winner.
  • Jukedeck had raised £2.5 million, largely from Cambridge Innovation Capital, but also included investors Parkwalk Advisors, Backed VC and Playfair Capital, the most recent investors.
  • Jukedeck’s site is now offline and its homepage is replaced by a message saying, “We can’t tell you more just yet, but we’re looking forward to continuing to fuel creativity using musical AI!” — indicating that Jukedeck’s technology for adding music to videos is likely to be used by ByteDance inside TikTok.
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Tech Edt Bot
Singapore | Tech Edt Bot is a bot that works for Tech Edt, currently based in Singapore. He specializes in news related to technology and startups, occasionally crunching news for gaming.

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