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Turkish language digital Entertainment platform raises $2 million in funding

by Ruslan Burak
July 3, 2023
in Technology
2 min read
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It has been massive digitization during the coronavirus pandemic made Some habits are permanent, with Many startups are turning this trend into an opportunity attract Financing and responding to continued growth demand for new practices.

Turkish language digital live music The Musixen الترفيه entertainment platform one Like this startup. The company managed to complete that it second Investment round this week.

It’s called first global A platform that offers high-quality interactive immersion live music And entertainment experiences, Musixen raised $2 million (29.5 million TL) on valuation of 20 million dollars.

In addition to all existing investors such as Plug and Play, Re-Pie Portfolio and Musixen’s latest round It was also joined Powered by Platform XIT, based in London venture capital platform, and new Angel investors.

The company is looking forward to use financing for growth in Europe, Middle East and North Africa (MENA) region.

Digital live entertainment

Musixen is one of The most successful actors of Turkish venture environmental system in The last period. The local organization continues to work with The goal of digitize music and stage world.

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I managed to attract Notable capital players Like Re-Pie, and asset management company has left Marker on Turkish venture The kingdom, in particular with Her recent investment, Plug and Play, one of the biggest global technology money, and finally added London-based XIT platform.

my world growth

With the aim of growing globally, Musixen will now focus on Europe, Middle East and North Africa region with new investments.

to provide higher Quality services to users, the company will do also the focus on Technological infrastructure, as well as innovations such as Musixen Token and avatar experience As it seems to be music- entertainment center of metaverse world. He. She says It will strive to crown its ecosystem with global growth.

a new dimension in virtual entertainment

Jagri Bosai, Founder and CEO of Musixen, says The music The industry is changing rapidly along with technological developments.

“As a platform, we are trying to adapt quickly during this time. So far, we have reached 1.3 million downloads. There more More than 7000 artists inside organizationBosai noted.

while fetching a file new understanding of music and entertainment industry with interactive digital experience Globally, Buzai says Musixen is creating a new The ecosystem by empowering all musicians over The world to make money Through different returns models on their trips to success.

“We will take importance steps towards our goals with The new investment round. medium and long termwe want To speed up growth in Europe, Middle East and North Africa region And make Musixen one of The first The brands that come to mind when it comes to music and entertainment.

“While preparing industry stakeholders for The future digitally with innovations like virtual realitysymbol picture experienceMusixen icon in the long termLarger goal is to become main player in The musicThe global entertainment sector.

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