UNIVERSITY NEWS LAST UPDATED : 01 APRIL 2019
A group of CEBE academics are hoping to hear the sounds of commercial success after receiving a cash injection to launch a spin-out company to produce music software that harnesses machine learning and artificial intelligence.
Semantic Audio Labs was established as a company in December 2018, but is founded on years of research into semantic audio carried out within the Digital Media Technology (DMT) lab in Millennium Point.
The final testing of the software will be completed over the next few months, with an official launch planned in the second half of 2019.
BCU Enterprise, which supports all areas of the University in maximising enterprise, business growth and investment opportunities, supported the process and are helping the academics to secure the finance they need to get their new venture off the ground.
Ryan added, “Semantic Audio Labs is an opportunity for us to keep one foot in the research world while simultaneously exploring commercial opportunities – it’s a good place to be in.”
Once launched, Semantic Audio plans to grow the software in a controlled way through engagement with music industry community.
Deputy Vice-Chancellor Professor Julian Beer said: “Semantic Audio Labs is an example of how the University can harness the entrepreneurial and cutting edge expertise of a research base and exploit the outcomes from a commercial and impact perspective.”
Director of Innovation Dr Umar Daraz said “We are delighted BCU Enterprise has been able to support the founders in securing investment and accelerate plans for commercialisation of the technology into a new company, and we hope that it will be the inspiration for many more innovative technology start-ups at Birmingham City University.”