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

Regulators Strengthen Global Crackdown on Finfluencers

A new collaborative approach targets financial influencers amid rising concerns.Highlights: Financial regulators unite to control finfluencers' market impact.Concerns...

ECB Strengthens Digital Euro Rollout with Standard Setter Agreements

New collaborations aim to facilitate the digital euro's global integration.Highlights: ECB partners with key global standard setters.Agreements aim...

CreditNature Strengthens Nature Restoration Funding Through Everyday Transactions

New partnership enables businesses to support environmental initiatives seamlessly.Highlights: CreditNature teams up with Stabiliti for eco-friendly funding.Businesses can...

FedNow Strengthens Instant Payments Security with New API Tool

New API tool enhances security for immediate digital transactions in the U.S.Highlights: FedNow introduces a new API tool...