Music Business

5 Cutting Edge Music Tech Startups Vie For Music Innovation Prize By Web Summit

image from websummit.comFive up-and-coming music tech startups will compete for the first Music Innovations Prize at the 2019 Web Summit in Lisbon, Portugal next month. This is the first time the competition is held by the Web Summit as part of the conference’s MusicNotes stage program.

The lineup for the first Music Innovation Prize by the Web Summit consists of a SaaS solution for musicians Show4me that puts fans first and offers a unique blend of tools for zero-loss music monetization, live event gadget for better music experience from Peex, voice-to-MIDI set to help create music with voice from Vochlea, smart speaker 0W1 audio, and 3D audio software for sound effect generation Sound Particles.

MusicNotes brings together artists, labels, marketers, global brands, investors, and industry icons to discuss how the ways tech is contributing to the evolution and improvement of the music industry.

5 Contestants

Peex: wearable device to enhance live event experience. The transmitter delivers clear performance sound to the listener’s ears during a live show. Compatible with noise-cancelling headphones, but can be used on its own to allow in the crowd cheering and music from the venue. Controlled via the listener’s smartphone. Users can adjust the sound volume for vocals, guitar, keys, bass, drums, etc.

Show4me Music Interaction Network: an all-in-one music-oriented ecosystem for musicians, music lovers and industry professionals. Show4me offers a mix of tools that allow setting up an uninterrupted music business cycle and consolidating all music activities in a single space: concert crowdfunding for launching gigs and shows, ticket selling, music album pre-sale campaigns, music sales, fan subscription and direct-to-fan interaction. Through regular interaction with fans, artists can start a dialogue in order to gauge the demand for their music and shows prior to organizing a show or recording an album.

Sound Particles: 3D audio software for sound design. The software allows sound designers to generate complex sounds for video games, cinematic and animated works. It offers CGI integration, real-time rendering, binaural monitoring, VR client app and Windows support.

Vochlea: real-time vocal recognition MIDI controller Dubler Studio Kit. User uses voice to create music in real time, e.g. hum a melody or a synth pattern, beatbox to trigger a virtual drumkit, manipulate effects and filter with a “hmmm”, “laaaa”, “oohhh” sounds. The kit contains Dubler software and a microphone.

0W1 audio: a portable smart speaker D5 by 0W1 audio. Controlled with a hand sweep. Recognizes mood. Access to online streaming services and web radios bypassing a smartphone.

Startups’ representatives to speak at the event: from 0W1 audio – Phil Briot, Co-founder; from Peex – Patrick Vosgimorukian, CEO; from Show4me – Karén Chiftalaryan, Founder and CEO; from Sound Particles – Nuno Fonseca, Founder and CEO; from Vochlea – George Wright, CEO.

The competition will start at 12:35PM at the Music Notes stage of the Web Summit at the Altice Arena in Lisbon.

“We are thrilled to be a part of this year’s Web Summit,” says Show4me CEO Karén Chiftalaryan. “We look forward to presenting our innovative developments that will help musicians to obtain new and advanced opportunities for boosting their music careers. I’m glad that this year’s Web Summit decided to host this competition as the music industry really needs fresh blood and significant improvements,” he adds.

Chiftalaryan will also speak at Web Summit’s Growth Stage on November 6, 2019. He will share insights on making a startup attractive for investors, having locked $13.4M in investments for Show4me.

Show4me experienced hypergrowth over the last year, launching their upgraded self-sufficient network in April of 2019. Over 7,000 musicians and music industry experts are already using the service. With its innovative set of tools, Show4me addresses a slew of budding and up-and-coming professional musicians’ pains:

  • challenges of ‘getting discovered’,
  • struggle to find financial backing to get started,
  • going beyond the Internet-famous stage and converting likes into real monetary rewards without giving away a large portion of the fans’ contributions,
  • the challenge of juggling multiple online platforms to keep the fans engaged,
  • inability to put on more shows without risking own money or involving third parties to sponsor them.

Show4me is designed to meet the needs of musicians and music professionals at all levels, from setting up the first gig to scaling the established artists’ careers. The network aims to transform the way all music industry players coexist and cooperate with each other, and give artists more freedom to create music on their own terms.

This sets an online stage for a dialogue between artists and fans, and enables both to give and get unique music experiences as well as post updates, music, exchange photos and videos from live events, sell albums, EPs and merch, come up with exclusive rewards for dedicated fans, as well as crowdfund future album releases.

Catch Show4me At The 2019 Web Summit

Nov. 6, 2019 10:45 AM. Growth Summit

Is Your Startup Really Fundable? The Hexagon Theory Of Fundraising
Speaker: Show4me Founder and CEO Karen Chiftalaryan

Nov. 7, 2019 12:30 PM. MusicNotes

Show4me Competing For Music Innovation Prize
Show4me will compete for the MusicNotes’ first ever Music Innovation Prize with 4 other cutting-edge music industry startups.
Speaker: Show4me Founder and CEO Karen Chiftalaryan

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