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Suno Raises $400M at $5.4B Valuation Led by Bond Capital

GateNews
AI Industry News
According to Bloomberg, AI music startup Suno raised $400 million in a funding round led by Bond Capital at a $5.4 billion valuation on June 3. The round also included investors IVP, Forerunner Ventures, and Union Square Ventures, with existing backers Lightspeed and Menlo Ventures participating. The company plans to use the capital for hiring, product development, and expansion. This round represents significant growth from Suno's Series C funding of $250 million at a $2.45 billion valuation seven months prior.
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