Berlin-based SoundCloud, a popular music sharing and streaming platform, announced that it has raised $70 million in debt financing. The credit comes from Ares Capital, Kreos Capital, and Davidson Technology.
UK-based Sentric Music has received an investment of £3 million from the Business Growth Fund (BGF) to help advance the music publisher’s international expansion plans. BGF is an independent company backed by five of the UK’s main banking groups – Barclays, HSBC, Lloyds, RBS and Standard Chartered.
Devialet, the French speaker company, has raised €100 million in a Series C round from several investors to boost its expansion in the US and Asia. Ginko Ventures led the round with participation from Korelya Capital, Foxconn, Groupe Renault, Sharp Corporation, Playground Global, Naver, Roc Nation, Future French Champions, CM-CIC Investissement, and BPI France. With […]
Stockholm’s Soundtrap has raised a $6 million Series A round to enhance its cloud-based music recording platform. The round was led by Industrifonden along with former Spotify CFO Peter Sterky. Soundtrap’s platform allows musicians to record and collaborate regardless of device or OS. The startup projects a million users by the end of the year. […]
Tech.eu caught up with fledgling Berlin-based tech startup Mimi about its new app that claims to improve your music listening by measuring your ear health.
Spotify is today announcing its acquisition of Soundwave, a Dublin, Ireland-based music discovery technology startup. Here’s why, and what happens next:
Deezer, that other European music streaming giant, was going to go public last year. Except it didn’t, because of ‘unfavourable market conditions’ and whatnot. But don’t count them out just yet, even if Apple Music and SoundCloud are ramping up and major rival Spotify raised a monster $526 million round last year: Deezer is today […]