Stability AI raises $76M Series B backed by EA, Sony and major music groups
PeterDiamandis · x · 2026-08-29
- Stability AI announced a $76M Series B, bringing total funding to $232M across two equity rounds and convertible notes.
- The round is stacked with entertainment-industry backers: Electronic Arts, Sony Music Group, Universal Music Group, Warner Music Group, plus AMD Ventures and Pacific Alliance Ventures; existing investors Coatue, Greycroft, Sean Parker, and Eric Schmidt re-upped for a second consecutive round.
- Closed under CEO Prem Akkaraju (appointed June 2024), the capital will fuel its product suite for creative production in music, gaming, and entertainment, deepen applied research, and expand professional services. Individual investors include James Cameron, Kevin Mayer, and Mark Burnett.
Related event: Stability AI Raises $76M Series B with Music and Gaming Backers(2 posts)→
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