> ## Content Index
> Fetch the complete content index at: https://www.hypebot.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# WAVE Raises $30M For Avatar Based Online Concerts From Braun, Farmen, More
- URL: https://www.hypebot.com/wave-raises-30m-for-avatar-based-online-concerts-from-braun-farmen-more/
- Published: 2020-06-11T13:33:22.000Z
- Updated: 2020-06-11T13:33:23.000Z
- Description: Avatar based music concert app Wave has added $30 million in funding that includes lock-ins from some star music and tech investors. The startup has raised $40 million in total.. Continue reading [https://www.hypebot.com/hypebot/2020/06/wave-raises-30m-for-avatar-based-online-concerts-from-braun-far
- Author: Bruce Houghton
- Tags: Live & Ticketing, Music Business, Music Tech, Live Streaming, #wp, #wp-post, #Import 2026-01-21 09:51

Avatar based music concert app [Wave](https://wavexr.com/?ref=hypebot.com) has added $30 million in funding that includes lock-ins from some star music and tech investors.

The startup has raised $40 million in total. It’s virtual shows have included John Legend and Tinashe.

Mega-manager Scooter Braun, former New York Yankees baseball star Alex Rodriguez, Superfly co-founder Rick Farman, and Twitch co-founder Kevin Lin all participated.

![Avatars performing on a digital stage at a music technology conference, showcasing innovative virtual concert experiences and the future of digital entertainment.](https://storage.ghost.io/c/3a/95/3a957c06-c825-4057-9939-0a274cc16d23/content/images/www-hypebot-com/wp-content/uploads/2020/06/wave_artists.jpg)

Avex, Superfly Ventures, Convivialite Ventures, NTT DOCOMO Ventures and Raised in Space were among the VC funders.

The new money will be used to expand into Japan and China as well as “elevating Wave’s creation of personalized artist avatars, new virtual environments and formats, and interactive experiences”.