KWKR Konieczny Wierzbicki i Partnerzy | View firm profile
The KWKR law firm provided comprehensive legal services to the funds Digital Ocean Ventures Starter and 24Ventures in connection with their joint investment transaction in the company Muzaic, which is developing a platform for generating original soundtracks using artificial intelligence.
The funds obtained will be allocated to further technology development, expansion to new creative platforms, and strengthening of the team. The KWKR team provided comprehensive legal support from conducting due diligence, through preparing the investment agreement, to final negotiations.
The transaction on behalf of KWKR was supervised by a team of experts consisting of: partner Paulina Opiełka (corporate), senior associate Paweł Machowski (corporate), associates Dominik Korybalski (corporate), Anna Bartosiak (compliance), and Joanna Kik (TMT).
The company and its founders were represented by the GSW Szalc i Wspólnicy law firm, with the project coordinated by attorney Maria Janicka.
Muzaic addresses the main problem faced by video content creators – access to legal music that truly fits their projects. The platform generates original soundtracks within seconds, tailored to the style and mood of the material. The uniqueness of the solution lies in the use of AI models trained exclusively on the company’s own music, which ensures full legality of the works. Within a few months of its launch as a plugin in Canva, Muzaic gained over 250,000 active monthly users and is now expanding its presence to additional platforms, including Adobe Express, Premiere, and Final Cut.
The transaction represents the third investment of the Digital Ocean Ventures Starter fund in the field of artificial intelligence solutions handled by KWKR, following previous support provided to the companies Flathub (Gaius-Lex project) [link: https://kwkr.pl/en/kwkr-advised-the-digital-ocean-ventures-starter-fund-on-its-first-investment-in-the-gaius-lex-project/] and 1Security [link: https://kwkr.pl/en/kwkr-advised-digital-ocean-ventures-starter-on-its-investment-in-1security/]. All the investments are part of the fund’s strategy to support innovative Polish startups developing AI-based solutions for various sectors of the economy.
We are pleased that our team could once again support a project that uses artificial intelligence in an innovative way. We are convinced that Muzaic will contribute to the democratization of access to professional music production and open new opportunities for content creators around the world.
Bogdan Setlak
Marketing specialist
+48 504 034 729