Silicon Valley VC investor Neal Dempsey visited Groningen this week, to check out the scene and meet with promising startups and scale-ups. Dempsey is a General Partner of Bay Partners, one of the oldest investment funds in Silicon Valley, and is currently looking for promising startup cities around the world and help improve local startup ecosystems.
Eurosonic will be in full swing this week, with the city filled with musicians and music industry professionals from all over Europe. But it’s not just the bands that makes Groningen the European music capital; these four companies, working in between the overlap of technology and innovation, certainly contribute to making sure Groningen maintains that status.
Eurosonic is not just a place for musical talent alone. People interested in tech and startups will also find plenty of cool things to do and discover. Drop by at the Music & Tech Hideout for cool workshops and new ideas, visit the Talentspot at the Vismarkt and play along with Eurosonic hits with Groningen based startup Chordify, or visit one of the Rockspots, hosted by local entrepreneurs.
Chordify recently launched a very successful crowdfunding campaign to raise €180,000 to kickstart the growth process. They reached their goal amount on Tuesday, and because of popular demand, they decided to raise the bar to €250,000. If you still want to become a shareholder, you’ve only got 9 days left before the campaign ends.
Groningen music service Chordify just launched a crowdfunding campaign on Symbid and is looking for investors, in return for 7.2% equity in the company. The startup wants to use the invested amount to grow into the biggest online music education platform worldwide within the next few years. The crowdfunding campaign will run from November 30 to December 30 and is doing very well so far, with currently €61,940 (34% of the €180,000 goal) already pledged by backers. The minimum investment for backers is €20.
Jamming along with the latest Adele song, the second it comes out? Or that one song by the local band you’ve just discovered? Not a problem with Chordify. The startup from Groningen is getting more and more international acclaim with their music service, based on an algorithm that automatically recognizes the chords of any song, along with an intuitive player for guitar, piano and ukulele. Last week, Chordify officially launched their iOS app during the Reeperbahn Music Festival in Hamburg, Germany.
Groningen has the largest number of successful startups after Amsterdam, and the only city with a consistently growing number of listed companies in the Deloitte Fast50 over the last four years. But Groningen is far more than a collection of successful companies: it’s becoming a thriving ecosystem, fueled by collaboration and innovation. It’s time to claim some bragging rights, so here’s why Groningen kicks serious ass: