Today we are glad to officially announce the entrance of a new investor in MIND Music Labs investors’ team.
A recently closed round of 6 million Swedish Krona (approximately $664.000 USD) allows us to welcome a new partner in MIND Music Labs: Almi Invest, Sweden’s most active investor in startups – with more than 3 billion Swedish Krona invested in startups.
ALMI Invest decided to invest in MIND Music Labs considering the revolutionary impact our ELK Music Operating System will have on the whole music and music tech ecosystem, and entered the round with an investment of 3 million Swedish Krona.
Almi Invest was joined in this round by Navare Invest, Lars Bergström, Ludvig Linge and Soläng Invest – investors who joined MIND Music Labs in previous rounds.
The capital we just raised will help us to strengthen our development team and to improve our marketing and business development activities.
“We are on our way to disrupting the way in which music is produced forever, and we are glad to have Almi joinin us in this travel, as they have great experience in how to create real value within a company” is how our CEO Michele Benincaso welcomed the deal – and we take the chance of this happy news to say once again thank you to Almi Invest and to all investors who believe in MIND Music Labs and in our ELK Music Operating System.