Songtradr poised to be a unicorn in 2024

2023 was a big year for SONGTRADR the music licensing platform founded by the musical genius   PAUL WILTSHIRE (in Picture )

Songtradr raised $109 million in 2023  at a valuation of $879 million.

Investors included  

• Epic Games — the same company that sold the D2C music sales platform Bandcamp to Songtradr last month 
• WiseTech’s Richard White
• Perennial and 
• Argo.

Investors in Songtradr include the 

• St Baker family office, 
• Regal Funds Management, and 
• Aware Super.

What Songtradr does 

Songtradr is like a B2B version of Spotify, says Paul - with songwriters and producers earning fees whenever a Songtradr client licenses their music. 

Songtradr aims to be an all-in-one music licensing platform for corporates, small businesses, and content creators. Its subscribers can select songs from the Songtradr marketplace or browse from playlists, including ones inspired by popular films and TV shows.

Wiltshire has previously described the platform as a B2B version of Spotify

Morse micro - kicking serious goals

After 7 years of R&D, VentureCrowd portfolio company Morse Micro is on track to produce “hundreds of millions of semiconductor chips” in the next few years, chips that have 10 times the range of conventional Wi-Fi technology and last many years on a single battery! 🤩 

VentureCrowd investors sit alongside high profile venture capital investors including Malcolm Turnbull, Lucy Turnbull AO, Blackbird, The CSIRO's Main Sequence, and superannuation funds HESTA, Hostplus & UniSuper demonstrating once again that crowdfunding is growing up. 🚀 

No longer limited to mum & dad investors investing $50 into the local brewery, crowdfunding has democratises access to some of the best venture deals in the market and has generated hundreds of millions of dollars of new capital into the venture capital sector globally with no signs of slowing down.

And my prediction is 2024 will be the biggest year yet for the fast-growing industry! 😜 

Johnny Quattro Campbell Walshe Jock Fairweather 🦄 Michael Lancaster Lee Hearsey Greig King Jason Kennewell Sherrie Robless Sean Gregory Connie Mckeage Amanda Price Darren Tasker Adrian Bunter Philip Argy Ben O'Dwyer