Digitalstage.io apparently attracts six-figure investment

According to a media report, the start-up has also secured a place on an accelerator program. The platform focuses on live streams, digital fan events, the sale of albums and merch - and even fan NFTs.

The Berlin-based start-up Digitalstage.io received a six-figure sum in a seed financing round. The money came from the investment fund Flori Ventures, as the website Music Week reported. Exigo Capital, Well Made Ventures and Swabia Invest are also among the investors. According to the report, the company was also accepted into the "Celo Camp" accelerator program.

Digitalstage.io was founded in 2020 by former Shazam Germany boss Richard Harless. It is essentially a platform that aims to connect musicians and their fans via digital live experiences. There are live streams and digital fan events. Albums and merchandise can also be purchased online.

Digitalstage.io is also attracting attention with the sale of collector's items via blockchain NFTs. The company is thus positioning itself in a field that could play a major role in the music market in the future. For example, there is currently a lot of talk about NFTs in the context of the K-pop music market: the games company Animoca Brands wants to set up a K-pop music metaverse with the South Korean music label Cube Entertainment, in which NTFs can then also be purchased. The K-pop label Hybe is currently working with the company Dunamu to explore NTF territory.