Parisian startup Bolero's approach to music rights royalties attracts €2M investment

Feb 26, 2024•almost 2 years ago

Amount Raised

$2 Million

Round Type

seed

ParisInternet Marketplace Platforms

Investors

Ki FoundationJoin KlubFrederic MontagnonSébastien BorgetThierry BoyerLe MotifPetit BiscuitNewfundXvc Tech

Description

Parisian startup Bolero has secured €2 million in a seed round led by Dubai-based Web3 startup-focused XVC Tech, alongside participation of existing Newfund and angel investors including French DJ and music producer Petit Biscuit, Belgian Le Motif, Webedia’s Thierry Boyer, Sébastien Borget of The Sandbox, serial entrepreneur Frederic Montagnon, JoinKlub and Ki Foundation CEO and founder Reda Berrehili, alongside additional undisclosed parties.

Company Information

Company

Bolero

Location

Paris, Ile De France, France

About

At Bolero, we believe in shaping a collective universe in Music where creators unlock everlasting freedom of choice and investors thrive through ownership. We’re a passionate team of music professionals and technology pioneers, associated and driven by the same mission. We surround ourselves with artists, producers and composers to let them monetise their catalog at a fair value, without compromising their creative control. Our ambition is to unlock the untapped value of music IP through the world’s largest infrastructure dedicated to music investment through catalogs, and establish this new asset class as a popular investment vehicle. Earn royalties from limited music assets, in a just few clicks.

Related People

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Funding Insights

Based on industry data

VC-backed spending patterns