Stage1: Raises €5M in Seed Funding

Stage1 Raises €5M in Seed Funding

  • Stage11, a Paris, France and Los Angeles, CA-based immersive music experience startup, raised €5m in seed funding.
  • The round was led by Otium Capital
  • The company intends to use the funds to onboard strategic hires, sign key artist and brand partnerships and build its technology platform
  • The company is a startup reimagining music for the metaverse
  • Its interactive music experiences invite fans to live inside the performances and musical worlds of their favorite artists
  • This forms the core of a new music metaverse that will give artists, brands, creators, and fans tools to co-create and share unique digital experiences & content
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

New York Suits Coinbase and Gemini Over Prediction Markets

The state targets two major crypto exchanges regarding regulatory compliance.Highlights: New York has filed lawsuits against Coinbase and...

Cash App Strengthens Parental Control with Managed Accounts for Kids

New feature allows parents to set up and oversee accounts for their children.Highlights: Cash App introduces parent-managed accounts...

Visa and TikTok Launch Creator Card, Enhancing Monetization for Influencers

New financial tool aims to streamline earnings for content creators.Highlights: Visa and TikTok have launched the new Creator...

Nium and Coinbase Strengthen Global Stablecoin Settlement Partnership

The collaboration aims to enhance cross-border payments using stablecoins.Highlights: Nium partners with Coinbase to optimize stablecoin settlements.The collaboration...