Wavelab is the innovation lab and entrepreneurship center for experiments and ventures at the interface of music, arts and media with new technologies. In this short article I explain how Wavelab can help your in launching your MusicTech startup.
Wavelab – where MusicTech startups reach the next level
MusicTech startups need more than just a good idea: they need industry expertise, strong networks, and targeted support. That’s exactly what Wavelab – the entrepreneurship center at the Munich University of Music and Performing Arts – offers. Since 2020, the program has been helping founders turn their innovative projects from prototypes into market-ready businesses.
Paying customers, funding rounds, and successful acquisitions
Wavelab’s incubator program has already supported six batches of MusicTech startups, with impressive results. Among them is DJOID: An AI-based DJ software tool for organizing and curating music. After finishing their stay at Wavelab the Berlin-based project reached 2.000 paying customers within the next year. Looking back at his time at Wavelab founder Alaa Elhadba reflects: “The program was extremely well organized, responded quickly to our challenges, and was perfectly tailored to our needs at our stage of development. As a team aiming for market entry, we greatly benefited from the valuable input and sparring sessions with the Wavelab team.”
Figure 1 – Workshop with bath #5 (Just 4 Noise, Ontoworks, Exibeat, GalleryTalk)
Just 4 Noise was part of batch 5 of the Wavelab incubator. This project offers an AI-fueled sample generator for unique one-shot samples from text. A Couple of months after their time at Wavelab they secured a funding round of 1 Mio. Dollar. CEO Max Shafer also valued the business connections they made: “If you’re a founder in the cultural space, this is the place to be. That hyperfocus creates a passionate community and with it, real opportunities to meet people who have already succeeded in the field. Thanks to the program, we even landed our first industry partnership.”
More Wins from Wavelab Alumni
- Aptone was acquired by Cyanite, a leading AI MusicTech company.
- Sirius closed a €4 million seed round, setting the stage for rapid expansion.
- And many more
You have a MusicTech startup and and want to benefit from Industry-Specific Expertise, tailored support designed to address your unique challenges and a strong network of investors, industry leaders, and potential partners who can accelerate your growth? Let’s find out if your venture applies to the requirements!
Figure 2 – The latest batch (#6).
Is Your Startup Ready for Wavelab?
- You are a team of at least two people. We are particularly interested in diverse founding teams.
- Your idea has a clear connection to music, arts, or media and uses new technologies (AI, ML, VR, AR, XR, data sciences, etc.).
- You have clearly identified the problems and needs of your target groups, are on the home stretch to a working prototype, and have a clear idea of your MVP.
- Your business idea is innovative, sustainably financeable, and potentially scalable.
- You are prepared to focus primarily on your startup during your time at Wavelab.
- You are on site during the three weeks of attendance
- Your startup is based in Europe
- You are on site in Munich during the three weeks of attendance (each admitted team has a budget of 750 EUR for travel expenses for each in-presence week in Munich covered by Wavelab).
Join Batch 7 – Applications Close September 22 (12 PM CET)
Do these criteria apply to you and your team? Then apply now using this form (Register and apply for “Wavelab Incubator”).
In case you have any questions about the program, don’t hesitate to contct hallo@wavelab.io.
