The music streaming industry is booming, fuelled by the increasing preference for personalised playlists and platforms where artists and fans can interact.
The global music streaming market was valued at $29.5 billion in 2023
We invest in apps that offer unique value propositions in music discovery, AI-powered curation and fan engagement. Key investment targets include platforms that enable artists to monetise their work and interact with fans.
Our aim is to acquire underdeveloped music streaming apps with a focus on unique content or independent artist platforms and add value by improving user experience and content discovery.
Wavecrest plans to develop next-gen music apps that integrate features such as social sharing, virtual concerts and artist collaborations using AR/VR. AI-powered tools for music creation and personalised recommendations will be central to development.
