British startup Pirate Studios, which operates 24/7 self-service recording studios across the UK, Germany, and the US, has raised $20 million from Talis Capital, a London-based VC family office.
Founded in an abandoned police station in Bristol, Pirate Studios started as a rehearsal studio that the founders David Borrie and Mikey Hammerton offered to music bands to share. As the studio got popular, the entrepreneurs saw the opportunity to scale and develop the concept further. The studios it offers today are accessible with a keycode 24 hours a day and have automatic recording and live streaming facilities.
Currently, the company operates 350 studios in 21 locations, including London, New York, and Berlin. The prices start at €4 per hour.
In addition to offering the studio space, Pirate Studios runs a talent competition and curates festival stages in order to showcase musicians and DJs from its community.
“When we founded Pirate Studios our dream was to create innovative spaces to support emerging talent,” said David Borrie, co-founder and CEO of Pirate Studios. “We want to see music thrive and help musicians get their music out to their fans, through whatever route they think is most appropriate. We are building both the physical space to create, as well as the technology to record and share, that puts power back into the hands of musicians in a period when the digitisation of music continues to radically upset the old order of this industry.”