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

Venmo Strengthens Global Transfers by Allowing Payments to PayPal Accounts

Venmo users can now send money internationally to PayPal accounts.Highlights: Venmo now allows users to send money to...

Talos and Nasdaq Strengthen On-Chain and Off-Chain Collateral Workflow

New partnership enhances digital asset handling and collateral management.Highlights: Talos and Nasdaq collaborate to streamline collateral workflows.Partnership aims...

FCA Restricts Use of Sensitive Data in AI Trial with Palantir

Regulatory concerns arise over data handling protocols in AI trials.Highlights: FCA criticized for using sensitive data in AI...

Bank of Ireland Strengthens AI Readiness for Staff Training

New initiatives prepare employees for an AI-driven banking landscape.Highlights: Bank of Ireland launches AI training initiatives for staff.Employees...