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Stems - Pre-Seed
Overview
Funding Date
October 3, 2022
Financing amount
$4M
Valuation
--
About Stems - Pre-Seed
Stem's funding round was led by Ideo CoLab, with additional participation from Collab+Currency, Village Global and Polygon Studios. Notable crypto firms such as Merit Circle and Yield Guild Games participated as well, along with FireEyes, NoiseDAO, Jump, GSR, Akatsuki and others.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2014 | 49 | -- | ||
| Fund | United States of America | 2018 | 79 | [email protected] | ||
| Fund | United States of America | 2017 | 13 | [email protected] | ||
| Lab | -- | -- | 42 | -- | ||
| Fund | Netherlands | 2021 | 52 | -- | ||
| DAO | -- | 2020 | 45 | [email protected] | ||
| Corporate | Unknown | -- | 1 | -- | ||
| Fund | United States of America | 2012 | 90 | [email protected] | ||
| Fund | Hong Kong | 2013 | 158 | [email protected] | ||
| Corporate | Japan | 2017 | 10 | -- |
Company Profile / Project Introduction
Stems is a decentralized music NFT platform that encourages artist and fan engagement through web3 tools. For instance, an artist can release their music stems — or a composite of drums, bass, guitar and other individual musical tracks — to the Stem community. Users can then remix the audio into new music NFTs, and the original artists receive royalties upon sale.