AI and Music-Tech startup Enote has announced the closing of an initial 10 million Euro cash investment for the development of its sheet music app.

The investment round was led by Dieter von Holtzbrinck Ventures, the European Innovation Council Fund, and the Rudolf Fuchs Family Office, some of the leading companies within the European business sector.

Launched in 2021, Enote seeks to innovate the global sheet music industry by offering subscribers access to a vast library of scores from the Renaissance to late Romantic Period, with features such as customizing format and annotation, easy transposition, and more. Currently used by 70k musicians globally, Enote plans to expand further into the education market after a successful pilot program with music academies in Berlin.

“We’re super excited to embark on the next chapter of our journey with such strong partners by our side,” said Enote co-founder and conductor Boian Videnoff in an official press statement. “Not only do they see the enormous business opportunity that lies in the still undigitized sheet music market, but they also understand the societal and cultural importance of Enote’s mission to democratize access to sheet music and make music education more rewarding, affordable and effective for billions of digital natives around the world.”

“Europe has many innovative, talented startups, but too often these companies remain small or relocate elsewhere,” adds EIC Fund Board Member Hermann Hauser. “Combining grants and equity is unique to the European Innovation Council. It bridges the funding gap for highly innovative companies, unlocks additional private investments and enables them to scale up in Europe. Thanks to our investment, Enote is preserving European cultural heritage and makes it more accessible and interactive.”