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TikTok, Chainsmokers' VC Fund, and Ex-paradigm agents launch new company

Hope you're having a great week at home or if you're in the parts of the world where things are going
Issue #54  •  October 14  •  View online  •  Suggest a link
Music
Music
Startups and change makers leveraging music and music technology to curate a more creative world.
Hope you’re having a great week at home or if you’re in the parts of the world where things are going back to normal the office!
There’s many great updates in the industry the past few weeks but here are some highlights:
The Chainsmokers raised a $35 million in commitments for their brand new early stage fund, Mantis. They will be investing with the mindset of products or services which their fans may find useful. You can hear more about it on their appearance on 20VC here.
Bandcamp’s fee free Fridays have set the company apart from competitors during the COVID pandemic and helped them build an artist-friendly approach to releases. The LA Times took notice and covered the company from an “anti-Spotify” perspective which does take some of the uniqueness of the platform as a digital service offering away.
Hope the rest of your week is productive and see you next week!
The anti-Spotify: How online music company Bandcamp became the toast of the COVID age

The Chainsmokers Raise $35M For Mantis Venture Capital Fund

Indian short-video app Moj has 50m users a month after launch

TikTok creators can soon sell merch directly in the app with new Teespring integration

Exclusive: Gaana Bags $51 Mn In Debt From Tencent, Times Internet

Former Paradigm Music Agents Launch New Agency, TBA

IMI expects 10% of radio players' gross ad revenue as new base of royalty for music labels

Making Music & Streaming Easier

Music Ally Startup Files: Voisey is the TikTok for music creation

Scoop: How the Oracle-TikTok deal would work

Celebrate Six Months of RADAR Around the World —

Beatport Launches Exclusive Livestream Partnership With Twitch

Founder’s Note —. We’re moving to a new home. And you’re… by shesaid.so

Thanks for stopping by our chill vibes station, playing satisfying sounds 24/7… aww yeah.

The startup’s name is inspired by the medical condition synaesthesia, where senses are joined (think of musicians who can ‘see’ sounds).Synaesthetic’s plans are to create a hardware/software combination that can bring this kind of experience to a wider group of people.
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Techstars Startup Digest Music is curated by:
Corey Crossfield Corey Crossfield - Music Digest Curator
corey.crossfield@startupdigestmail.com
Josh Ford Josh Ford
josh.ford@startupdigestmail.com
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