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SG music platform bags $53m from Paul Allen’s Vulcan Capital, others

BandLab, a Singapore-based music platform, has raised US$53 million in a round led by Vulcan Capital, the VC of Microsoft co-founder Paul Allen. The fundraise also saw participation from K3 Ventures and Caldecott Music Group.

The deal, which boosts the company’s valuation to US$303 million, is BandLab’s first founding round that involves external investors.