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Chroma, a startup constructing a brand new sort of audiovisual leisure for cell units, has been offered.
The corporate, which had monetary backing from Twitter and Medium co-founder Biz Stone in addition to Pinterest co-founder Evan Sharp, is headed to London-based audio expertise firm Bronze, an AI music startup.
Based by file producer Lex Dromgoole, who’s shared his optimism about AI in music, and composer Gwilym Gold, Bronze makes instruments that artists use to bundle music in a “generative, interactive, or personalised expertise.” Bronze has examined its engine with Beatport, XL Recordings, A24 Movie, musicians Disclosure, Arca, and Jai Paul, in addition to Oscar-winning sound designer Nicolas Becker.
Bronze says it labored with Chroma forward of the acquisition on an app known as “Lux Aeterna,” a digital world that supplied an audiovisual expertise designed for exploring the music from Venezuelan producer, DJ, singer, and songwriter Arca in a “meditative digital house.” The music reacts to modifications in participant motion, place, and exercise, which means customers may fly by way of the digital world, partaking with sounds as a part of their journey.
Phrases of the deal weren’t disclosed, however all Chroma inventory might be transformed to Bronze inventory. Chroma co-founder Andreas Pihlström will be a part of Bronze’s advisory board however the acquisition was centered extra on IP than expertise.
On that entrance, Bronze says an API might be created for the engine that was constructed for the Lux Aeterna in order that comparable performance can plug into any game-building platform. The acquisition will even assist to scale the visible capabilities of Bronze’s engine, which the corporate hopes will enable it to realize extra traction in interactive leisure sooner or later.
“As we shift into an period of generative visible and auditory environments, the acquisition of Chroma will allow Bronze to supply artists, musicians, and anybody with a inventive spirit to precise themselves with a brand new technology of dynamically responsive inventive instruments,” Sharp shared in a press release.
In keeping with PitchBook, Chroma had raised $7.19 million over two seed rounds, accomplished in Might 2022. Buyers embody 14W, Adjoining, Hidden Ventures, Singular, and SpotiAngels, plus Biz Stone and Pinterest co-founders Evan Sharp and Ben Silbermann. Sharp additionally invested in Bronze in August 2024.
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