A London based music company has received £500k in investment to help launch the next generation of music creations.
Jukedeck, a London startup, allows the users of its software to create original pieces of music by mimicking real-life composers through algorithms.
A number of Investors including the commercialisation arm of the University of Cambridge, Cambridge Enterprise, the Cambridge Innovation Capital and University EIS Fund have made the £500,000 investment.
Jukebox,who are in the startup phase and are yet to launch properly, are currently recruiting for a Chief Technology Officer and are looking to increase its recruitment drive.
The founder of the company Ed Rex, a classical composer and Cambridge music graduate, says that the prospect of creating royalty free music is one of the most exciting uses of the technology.
Rex suggested the technology could be used as a way to avoid copyright issues for videos on video sharing platforms, such as Youtube, by being able to create a unique soundtrack for every video on the platform.
The algorithms behind the technology works essentially by mimicking the process a composer goes through, making decisions on what note comes next.