AI music maker Suno lands $400 million Series D despite copyright lawsuits

Key Points

• Suno raises $400 million in Series D, valuing the company at $5.4 billion.
• Funding led by Bond Capital; participants include IVP, Forerunner, Union Square Ventures, Alkeon and Quiet.
• Existing investors Matrix, Lightspeed, Menlo Ventures and Schroders Capital also contributed.
• Major labels Universal, Sony and GEMA sue Suno for using over 61,000 copyrighted songs in training.
• Warner Music settled with Suno last November, securing a licensing deal.
• Suno argues its data use qualifies as fair use, a contested legal doctrine.
• Platform generates more than 7 million songs daily and ranks near the top of App Store music charts.
• Company plans to invest new capital in AI model improvements, partnerships and legal resources.
• Outcome of lawsuits could reshape AI‑generated content across the entertainment industry.