Bristol-based music tech startup Pirate Studios raises $20 million

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 […]

Classical music streaming service Idagio raises €8 million

Idagio, a classical music streaming service, has raised €8 million in a Series A round from Tengelmann Ventures, Mülheim/Ruhr, btov Partners, and a number of angel investors. Classical music is not well-served in the current digital streaming landscape, said Till Janczukowicz, CEO of the German company. “Search criteria such as composer, work, conductor, orchestra, soloist […]

Spotify acquires Swedish music recording startup Soundtrap

Spotify has acquired Swedish startup Soundtrap, an online platform for recording and collaborating on music. No figures were disclosed. The Stockholm-based startup was founded in 2012 and has raised more than $8 million in funding from investors including Industrifonden and former Spotify CFO Peter Sterky. According to the announcement, the startup’s team will continue to […]

Swedish podcast platform Acast raises $19.5 million to go global

Podcast platform Acast, based in Stockholm, has raised $19.5 million in a Series B round from Swedbank Robur’s Ny Teknik and Microcap funds to continue its internationalisation. Other investors in the round include Norron Asset Management’s funds Target and Select, bringing Acast’s total funding to date to $32 million. Acast is a platform for on-demand […]

MUSO raises £2.5 million to tackle online music piracy

MUSO, which creates tools for online content protection, has raised £2.5 million in a Series A round led by Harwell Capital to invest in its infrastructure and sales and marketing teams. MUSO’s Retune platform track visits to sites hosting pirated content to redirect its users to legitimate sites in the hopes of turning these pirates […]