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Xceed, one of the fastest-growing tech companies in the SaaS-enabled marketplace and a b2b platform for music events and going-out plans, has raised €2 million from a diverse group of European funds and investors in October.
 
Xceed is a game changing platform that offers industry-leading software offerings for event organisers and venues looking to digitise their online presence and sales, as well as managing their staff, marketing, ticket, door, table and guestlist systems using just one simple and effective platform. Some of the world's top festivals and clubs from Ibiza’s powerhouse Pacha Group to Portugal’s Brunch in the Park and Neopop, Just Cavalli, Es Paradis, Phi Beach and many more are already signed up. 
 
Xceed leverages machine learning technology to create an ultimate and painless live music events and artists discovery experience by coming at it from the side of the people -  it is a platform created by music lovers, for music lovers. It has transacted over 30M bookings and currently reaches over 10M unique event-goers per year in over 15 markets. This technology was lacking from the market and so Xceed’s arrival quickly got huge support from venues and promoters. In turn this has fuelled huge investment and ever more interest from eventing businesses around the world looking to stay one step ahead. 
 
Xceed's first pre-seed round of €550,000 of investment was led by 360 Capital Partners in April 2015. In October 2019 there was a seed round of €2.3m which attracted new investors and industry experts such as Guillaume Penot, president at Moët Hennessy. This latest round secured VC funding to fuel the growth and new market expansion across the EU with €2 million led by Trind Ventures and joined by Jägermeister's VC, Best Nights VC, and SuperHero Capital with the support of Angel investors such as Alessandro Fracassi, CEO & Founder @Mutuionline, Fernando Herrera, General Partner @SuperHero Capital, Andreas Mihalovits, Co-Founder @Global Super Angels Club and Lasse Laaksonen, CEO & Founder @Boksi.

This comes on top of an astonishing track record of two years of profitability and positive cash flow and will fuel the company's growth and new market expansion across the EU in 2023. That has been driven by the fact that Xceed is unique in the industry as both a leading marketplace solution for end customers, i.e. party people, but also has one of the strongest software offerings for event organizers and venues who have never seen anything of the like before. In turn it is fuelling huge investment and ever more interest from eventing businesses around the world looking to stay one step ahead. 
 
Xceed was launched in Europe by Mattia Franco (who was selected by Forbes Italia as one of the top 30 leaders of the future under 30's) and Luca Papaleo, who shared study desks and dance floors during their Masters degree in San Francisco but often struggled to find the events they wanted. The idea of Xceed was born and eventually grew in the Top 100 Apple Apps, and got in Spain’s Fastest Growing Startups list. The platform was built in collaboration with venues from four continents. It is available in over 15 countries and 125 cities and provides state-of-the-art software for the best clubs, bars and festivals in the world. 

As such, its innovative marketplace connects event-goers and event organisers while keeping the user experience at the core of everything. Despite the challenges of the Covid-19 pandemic all but shutting down the industry, Xceed has bounced back and then some. 
 
Mattia Franco, CEO and co-founder of Xceed, says, "This funding round will boost our technological investment in the automation and personalization of going-out plans via machine learning and customizable events discovery user experience. It brings aboard some of the best funds and industry players in the European scene. They bring with them the best know-how and execution skills we could ask for in our journey towards launching new markets while consolidating our Southern European leadership.”
 
Mattia continues, "The one thing that a pandemic taught us is how strongly we value real human connection. At Xceed we believe that millennials and generation Zs are more and more attracted to social experiences rather than cluttering their apartments with products. Our goal is to empower everyone to go out and live the best social experiences of their lives. Those experiences should be spontaneous, and Xceed empowers clubbers to interact, follow their favourite artists, and book events in a single tap, so they can concentrate on having fun, which is what life should all be about."
 
This latest round of investment ensures Xceed remains on track to make that possible for people all over the world while providing analytics to venues, artists and promoters so that they can improve their everyday operations.

08 May 2024 | Press release

SESAC Presents: 2024 Annual Songwriting Workshop in association with Fairwood Music Publishing

SESAC hosted its annual songwriting workshop on April 24 -26, in association with Fairwood Music Publishing. The camp took place at Tileyard Studios in London, the World’s largest community of independent artists and businesses, and hosted an array of established...more

08 May 2024 | Press release

Rough Trade Announces Parternship with Cambridge Audio

Independent music retailer has announced its partnership with British music and audio pioneer, Cambridge Audio. The sound systems at Rough Trade’s East and West London and Bristol locations have been updated with Cambridge Audio components from their Edge, Evo, CX, AX,...more

08 May 2024 | Press release

¡Vamos a Brighton! The final Spain lead country line-up at The Great Escape 2024 is announced

¡Vamos a Brighton! The final Spain lead country line-up at The Great Escape 2024 is announced, including Spanish Wave showcases, Mad Cool parties and conference panels. With the new addition of Divorce From New York, nine young, upcoming artists representing...more

08 May 2024 | Press release

BSI Merch launches H.O.M.E

A MUSIC INDUSTRY CO-WORKING HUB IN LONDON Andy Allen, the founder of international music merchandising and tech company BSI Merch (formerly Backstreet International Merchandise), has announced the launch of a ground-breaking new venture to provide affordable co-working hubs for independent music...more

08 May 2024 | Press release

Amy Winehouse’s parents receive BRIT Billion Award, on behalf of their daughter, in celebration of Amy’s music reaching one Billion UK streams

Mitch and Janis presented with the Award as new feature film BACK TO BLACK hits cinemas Amy Winehouse has posthumously received a BRIT Billion Award celebrating one Billion streams in the UK by the BPI, the representative voice for the UK’s...more

08 May 2024 | Press release

KOR Protocol Launches, Unleashes Digital Culture's Next Boom in Interactive, Fan-Driven Creativity

KOR Protocol enables creators to combine blockchain and AI to transform their IP into diverse interactive media formats, including music, video, and games Since media went digital, fans and creators have wanted to play with it, transforming favourite images, videos, sounds,...more

08 May 2024 | Press release

South By Southwest is heading to London in June 2025

sxswlondon.com WORLD'S LEADING FESTIVAL CELEBRATING CREATIVITY AND TECHNOLOGY EXPANDS WITH EUROPEAN EDITION   South by Southwest® (SXSW®), the world's leading festival celebrating the convergence of creativity, culture and technology, is launching in London in June 2025. Through its multidisciplinary conferences and cultural festivals, SXSW has become...more

08 May 2024 | Press release

Impala welcomes first Ukrainian member, independent record label Pomitni

Ahead of Europe Day, held every year on the 9th of May to celebrate peace and unity across the region, IMPALA welcomes its first member from Ukraine Pomitni.  The label was created in 2007 in Kyiv, Ukraine by Iryna Gorova, who is the founder and CEO. The journey of...more

08 May 2024 | Press release

Logic Pro takes music-making to the next level with new AI features

Session Players, Stem Splitter, and ChromaGlow make Logic Pro for iPad and Mac smarter than ever Apple today unveiled the all-new Logic Pro for iPad 2 and Logic Pro for Mac 11, delivering breakthrough professional experiences for songwriting, beat-making, producing, and...more

08 May 2024 | Press release

Frontiers Label Group names Head of A&R of North America

TOM LIPSKY TAKES THE CREATIVE HELM IN THE PRIORITY MARKET FOR THE CUTTING-EDGE ITALIAN ROCK AND METAL LABEL   Frontiers Label Group announced Tom Lipsky has been named Head of A&R of North America for the Italian rock and metal label, home to such artists as Journey, YES, Def...more

07 May 2024 | Press release

Gabb Launches Gabb Music+, a Premium Safe Music Streaming Service for Kids

To lead this expansion, the company has recruited an all-star team in Nashville with experience from Disney, Sony, iHeartMedia, CBS and others.   Gabb®, the leading kid-safe technology company, announced today the launch of Gabb Music+, a premium version of the safe music...more

07 May 2024 | Press release

PRS for Music partners with The BRIT School to support craft of songwriting and talent pipeline

The BRIT School is thrilled that PRS for Music, a world-leading music collective management organisation representing the rights of more than 175,000 talented songwriters, composers and music publishers around the globe, is partnering with The School’s renowned music department to...more

07 May 2024 | Press release

Rebel With A Cause - The forthcoming book from the legendary music-industry executive Darcus Beese

Published 15 August by Nine Eight Books in hardback, eBook and audiobook    ‘Rebel With A Cause’ is the remarkable story of Darcus Beese: legendary music-industry executive, OBE and a man Music Week described as “one of the great A&R people of his or...more

07 May 2024 | Press release

Bereaved mum begins 200 mile walk from Manchester Arena to Downing Street urging PM to keep his promise to make country safer

  The bereaved mother of Martyn Hett, one of 22 innocent people killed in the Manchester Arena terror attack, will set off today for a nearly 200 mile walk from the Manchester Arena to 10 Downing Street.  Figen Murray OBE will be...more

07 May 2024 | Press release

BMG appoints Sarah Mitchell to head UK and European Rights & Royalties

BMG has appointed operations and customer service leader Sarah Mitchell to be responsible for its Rights and Royalties operations across both music publishing and recordings in Europe and the UK. She will report to Chief Operating Officer Sebastian Hentzschel and will...more

07 May 2024 | Press release

Chart-topping Pianist Alexis Ffrench joins music charity Restore The Music as Ambassador

Alexis led masterclasses this week with 100 schoolchildren at Steinway as part of unique learning opportunities for RTM grantee schools in London Restore The Music has announced today that world-class, chart-topping pianist and composer Alexis Ffrench will join forces with the...more

03 May 2024 | Press release

Stormzy and Adidas announce #Merkyfc HQ: a new multi-purpose centre providing opportunities for Londoners across football, music & gaming

  #MerkyFC HQ, which is located in Stormzy’s home borough of Croydon, will be a centre of opportunity for young people in the local community and beyond – providing facilities for them to explore their interests in football, music, and esports,...more

03 May 2024 | Press release

Steve Redmond to step down as BMG Global Head of Communications

BMG EVP Global Corporate Communications Steve Redmond is to step down from the company after 12 years. The highly-regarded communications leader and media advisor has shaped the company's image and helped define its positioning over a period during which its revenues have more...more

02 May 2024 | Press release

It’s official! Fleetwood Mac’s Rumours is vinyl’s Greatest Hit

The Official Chart Company chart puts the legendary band at Number 1 in a countdown of this century’s best-selling vinyl from the 1970s, 80s and 90s   In a brand-new Top 40 from the Official Charts Company, Fleetwood Mac’s Rumours takes the top spot in...more

02 May 2024 | Press release

Sony Music Group artists and songwriters unite in campaign to boost youth voter turnout for EU elections

Backed by European artists and songwriters, Sony Music Group’s ‘YOUR VOICE, YOUR POWER, YOUR VOTE’ campaign launches across the European Union in multiple languages   Sony Music Group today announced the launch of YOUR VOICE, YOUR, POWER, YOUR VOTE – A non-partisan campaign to encourage voter...more

02 May 2024 | Press release

Audio AI expert Ircam Amplify unveils groundbreaking software to identify AI-generated tracks

First of its kind independent tool brings greater transparency on AI music to the global music industry   Ircam Amplify, the global leader in technology solutions that analyse, process and edit audio, today launches its innovative AI-Generated Detector tool to empower record...more

02 May 2024 | Press release

NME Marks Year of Championing Emerging Talent with London Celebration Alongside Outernet

The Cover Turns 1: NME Marks One Year of Championing Emerging Talent On The Cover with a Month of Celebrations, Including Parties in London and Singapore Parties Hosted at Dawsons on Iconic Denmark Street in Collaboration with Outernet London, and at...more

02 May 2024 | Press release

OpenPlay Teams with Stem to Expand Direct Delivery Service for Seamless Music and Video Distribution

  OpenPlay Inc., provider of the music industry’s leading platform for asset and catalog management, is expanding its Direct Delivery offering by teaming up with Stem, widely-known for its comprehensive distribution offering, including artist-development services and data-driven insights exclusive to its curated...more

02 May 2024 | Press release

Songkick enters strategic partnership with Shoobs

Songkick, the leading concert discovery app, has teamed-up with Black music and culture ticketing and marketing company Shoobs. The deal will see Songkick list and promote Shoobs' events to its 155 million fans through its app, website and eCRM. The...more

02 May 2024 | Press release

Universal Music Group and TikTok Announce New Licensing Agreement

  Universal Music Group, the world-leader in music-based entertainment and TikTok today announce a new multi-dimensional licensing agreement that will deliver significant industry-leading benefits for UMG’s global family of artists, songwriters and labels and will return their music to TikTok's billion-plus...more

02 May 2024 | Press release

Audio Technology Startup RoEx Wins £1/4 million Grant From Innovate UK

Awarded maximum funding in competition for AI development projects to strengthen UK music sector Queen Mary spin-out aims to unlock new creative and commercial opportunities for creators, producers and rightsholdersFunding will power R&D for first-of-its-kind tool, ProStyle, allowing engineers to licence...more

02 May 2024 | Press release

The Isle of Wight Festival Exhibition ‘EXPERIENCE 25’

Coming to Newport this summer!  From June 3rd to July 29th.   Did you know that this year is the 25th Isle of Wight Festival?  Yes, it’s the 22nd Isle of Wight Festival since 2002 when John Giddings brought the famous Festival back to the Island,...more

01 May 2024 | Press release

MPs Demand New Law To Stop AI Firms Deceiving Music Fans As Exclusive Poll Reveals Huge Public Support For Action

  MPs want new legislation to ensure the public are not duped by deepfakes or unknowingly listening to AI-generated music.   A new report today urges policymakers to protect music creators from "theft" of their work and fans from being "ripped off" by...more

01 May 2024 | Press release

Introducing Beats Solo Buds: Looks Tiny, Sounds Huge

Beats also launches the next generation of its bestselling headphone, Beats Solo 4Beats today announced the expansion of its bestselling product family with the all-new Beats Solo Buds true wireless earphones and the next generation of its most popular headphones,...more

01 May 2024 | Press release

Jess Glynne receives BRIT Billion Award

Award presented following the release of her new album ‘JESS’  Jess Glynne has become the latest artist to receive a BRIT Billion Award celebrating one Billion streams in the UK.   She receives the award from the BPI - the representative voice for the...more

08 May 2024

  • AI songwriting has gotten shockingly good — with big implications for the music world (see Comment)

07 May 2024

  • Goldman Sachs publishes its influential Music In The Air report (see Analysis)

03 May 2024

  • Music fandom’s future (and its existential crisis) (see Comment)

  • Can anyone learn to be a top songwriter? (see Features)

02 May 2024

  • We must ensure AI is the music industry's servant, not its master (see Comment)

03 Apr 2024

    02 Apr 2024

      01 May 2024

      • New law should ban AI deepfakes of music stars, MPs say (see News)

      • When does our taste in music stagnate? (see Analysis)

      30 Apr 2024

      • Billboard’s 2024 International Power Players revealed (see News)

      29 Apr 2024

      • Hipgnosis board recommends new $1.6bn bid from Blackstone (see Business)

      26 Apr 2024

      • Should the state step in to save our live music scene? (see Features)

      • Gary Roden exits Co-op Live following troubled venue launch (see News)