Web3 music creation platform Arpeggi Labs is seeking $11 million in funding
ChainCatcher news, the Web3 music creation platform Arpeggi Labs is seeking $11 million in funding. According to its filing with the U.S. Securities and Exchange Commission (SEC), Arpeggi Labs has currently raised $9.1 million from 21 investors.
Additionally, according to the crypto data platform RootData, Arpeggi Labs completed a $5.1 million seed round, led by a16z, with participation from 1confirmation, Palm Tree Crew, WndrCo Ventures, Steve Aoki, 3LAU, Wyclef Jean, Disco Fries, Electric Feel Ventures, Louis Bell, Joe Zadeh, Audius Foundation, Shayne Coplan, Paul Veradittakit, and Cooper Turley.
Arpeggi provides users with a Web3 music creation platform for composing, publishing, and mixing audio, with upcoming updates including the launch of a free browser-based DAW, integration with other Web2 and Web3 music platforms, and the introduction of native social features on the website. (source link)