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Music News

#Cycle2ADE Team Bikes Across Four Countries, Raises Thousands for Music Nonprofit – EDM.com

Some arrived by limo, others by private jet. But for this year's Amsterdam Dance Event, passenger seats and business casual attire were subbed out for saddles and spandex by a group of music professionals who biked more than 300 miles to the world's largest electronic music conference. Now in its sixth iteration, the epic four-day trek raised more than $36,000 for the non-profit organization Bridges for Music this year. Based in […]

todayOctober 26, 2022 3


Brittanee Drexel’s Cause Of Death – Coroner’s Ruling Raises More Questions

Another harrowing update to the Brittanee Drexel case comes to us from the Georgetown County Coroner’s Office. As we have been covering in the past weeks, Brittanee’s family are finally on their way to getting the justice they’ve sought for over a decade. An arrest has finally been made relating to the disappearance of the teen nearly 13 years ago. A suspect, Raymond Moody, was charged with her rape, kidnapping, […]

todayJune 1, 2022 11


Forspoken developer raises eyebrows for describing game’s Black protagonist as having “hip-hoppy” walk

Square Enix has come under fire for describing Forspoken protagonist Frey Holland, who is Black, as having a "hip-hoppy kind of walk". The comment was made during a recent preview session attended by Eurogamer, and was part of a section dedicated to the game's performance capture. Other descriptors of Forspoken's main character seen to be negative Black stereotypes have also been criticised, such as a mention of Holland as being […]

todayApril 12, 2022 15


South Korean online secondhand marketplace Danggeun Market raises $162M at a $2.7B valuation – 98bmp

Danggeun Market, the publisher of South Korea’s hyperlocal community app Karrot, announced it has raised $162 million in a Series D round of funding with a valuation of $2.7 billion. (By the way, Danggeun means carrot in Korean.) This round of funding was led by DST Global, with additional participation from Aspex Management, Reverent Partners and existing investors such as Goodwater Capital, Altos Ventures, SoftBank Ventures Asia, Kakao Ventures, Strong […]

todayAugust 18, 2021 3


Trading platform Bitpanda raises $263M at a $4.1BN valuation – 98bmp

It’s not even half a year since crypto exchange Bitpanda announced a $170M Series B — when, back in March, Austria’s first unicorn was being valued at $1.2 billion. Today it’s topping that: Announcing a $263M Series C, led by Peter Thiel’s Valar Ventures, with the fintech startup now valued at a whopping $4.1BN — more than 3x its earlier valuation as crypto trading continues cooking on gas. The round […]

todayAugust 17, 2021 3


Revenue-based financing startup Jenfi raises $6.3M to focus on high-growth Southeast Asian companies – 98bmp

Many Southeast Asian digital businesses run into obstacles when seeking early-stage growth financing. They might not want to sell equity in their company, but often struggle to secure working capital loans from traditional financial institutions. That’s where Singapore-based Jenfi comes in, providing revenue-based financing of up to $500,000 with flexible repayment plans that co-founder and chief executive officer Jeffrey Liu refers to as “growth capital as a product.”  While revenue-based […]

todayAugust 17, 2021 5


Indian bike taxi service Rapido raises $52 million – 98bmp

Rapido, a bike taxi aggregator in India, said on Monday it has raised $52 million in a new financing round as the six-year-old startup looks to find space in a category dominated by Ola and Uber in the South Asian market. The six-year-old startup’s new funding — Series C — was financed by Shell Ventures, Yamaha, Kunal Shah of CRED, Amarjit Singh Batra of Spotify India, and Positive Moves Consulting. […]

todayAugust 16, 2021 1


Motivo raises $12.5M Series A to speed up chip design with AI – 98bmp

Chip design is a long slog of trial and error, taking years to bring a design to market. Motivo, a five year old startup from a chip industry veteran is creating software to speed up chip design from years to months using AI. Today the company announced a $12.5 million Series A. Intel Capital led the round along with new investors Storm Ventures and Seraph Group, as well as participation […]

todayAugust 12, 2021 2


Mushroom-based meat alternative startup Fable Food raises $6.5M AUD, will launch in the US – 98bmp

Sydney, Australia-based Fable Food is the latest plant-based food startup to announce funding. The company, which uses mushrooms in its meat alternatives, has raised $6.5 million AUD (about $4.8 million USD) in a seed round led by Blackbird Ventures, the Australian venture capital firm whose portfolio also includes Canva, Culture Amp and SafetyCulture. Other participants included agriculture and food tech venture firm AgFunder, sustainability-focused Aera VC and Better Bite Ventures, […]

todayAugust 12, 2021 1