Wave is shutting down its VR app to focus ‘outside headsets’

Wave started life as a virtual reality music startup, with an app hosting VR raves. In recent times, it has pivoted to become more of a production tool: artists like The Weeknd have used it to turn their livestreams into hybrid video/animation events, to be broadcast on bigger social and video platforms. Now Wave is […]

Tencent Music invests in Wave and re-airs Billie Eilish livestream

These are two separate stories, but they both show Tencent Music’s growing focus on livestreaming. This morning TME announced a strategic partnership and minority equity investment in startup Wave, whose tech has been used for virtual concerts by the likes of The Weeknd, John Legend and Lindsey Stirling. The deal will enable TME to air […]

Virtual reality concerts startup Wave raises $30m funding

It’s been a difficult couple of years for many virtual reality startups, with VR headset sales slower than expected, and in some cases funding drying up as investors lost their appetite for immersive content. There have been success stories though: musical VR game Beat Saber has sold more than 2m copies, with Facebook acquiring its developer last […]

Music’n’meditation app Wave raises $5.7m for its launch

We’ve been writing about the monster funding rounds and music activities (e.g. an exclusive Moby album) for mindfulness startup Calm recently, while rival Headspace was one of the first companies to partner with Spotify on bundled subscriptions. Now there’s another player in the music+meditation sector: Wave. It has raised just under $5.7m in seed funding to […]

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