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

Goldman Sachs Boosts Compliance with Anthropic’s AI Agents

The investment bank partners with Anthropic to enhance accuracy in accounting.Highlights: Goldman Sachs collaborates with Anthropic for AI-driven...

Boerse Stuttgart Merges Crypto Unit with Tradias, Strengthening Market Presence

This strategic merger aims to enhance cryptocurrency trading capabilities.Highlights: Boerse Stuttgart merges its crypto unit with Tradias.The merger...

Bank of Ireland Reduces Fraud Losses by $97 Million Using AI Technology

Advanced AI systems help detect fraudulent card transactions effectively.Highlights: Bank of Ireland saved $97 million by preventing fraud...

SoftBank’s PayPay Accelerates US IPO Filing Process

Japan's popular payment platform PayPay prepares for its initial public offering.Highlights: PayPay files for an initial public offering...