[Pangyo Tech] POZA Labs Attracts Series A Investment from CJ ENM
Summary
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. He added, "We will spur the development of an AI composition platform for both domestic and foreign users and strengthen our global competitiveness. Viodio, the AI background music subscription service which was launched in September, is also getting a lot of response from content creators and companies.