Taylor Wessing advises music tech start-up Enote on €10 million pre-Series A funding

The Berlin based AI-music tech startup Enote has raised €10 million in a Pre-Series A funding round with participation of Dieter von Holtzbrinck Ventures, the European Innovation Council Fund and the Rudolf Fuchs Family Office. Enote’s app is already used by over 70,000 musicians around the world. The capital raised shall be used to further expand, including into the educational market. A Taylor Wessing team led by Berlin-based VC and growth experts Dr Norman Röchert and Dr Armin Bartsch advised Enote on all legal aspects of the funding round.

Founded in Berlin in 2018 by professional conductor Boian Videnoff, IT manager Josef Tufan and Big Data and AI engineer Evgeny Mitichkin, the start-up offers musicians access to a comprehensive library of sheet music via app. The application, based on a proprietary artificial intelligence-based optical music recognition process, currently marks the top of the music publishing and music education market in terms of user-friendliness, search and various automation functions, whose digital transformation is currently still very much in its beginnings.

Legal advisor Enote GmbH
Taylor Wessing Germany: Dr Norman Röchert (Partner) and Dr Armin Bartsch (Salary Partner), (both Lead), Yanick Sambulski (Associate), Felix Paul (Professional Support Lawyer) all M&A / Venture Capital, all Berlin, Dr Bert Kimpel (Partner, Düsseldorf), Elnaz Mehrkhah (Senior Associate, Frankfurt), both Tax, Nico Jänicke (Partner, Employment, Pensions & Mobility, Berlin), Alexander Künzelmann (Research Associate, Corporate law / M&A, Berlin)