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Saturday, November 23, 2024

Reykjavik-based Moombix raises €2.27 million to scale its on-line music studying platform


Moombix, a music training platform enabling grownup hobbyists and people with skilled aspirations to have one-on-one on-line lessons with knowledgeable academics – providing instrument studying, voice teaching, DJing, in addition to manufacturing and publication – introduced the closing of a seed funding spherical of over €2.27 million, led by Iceland’s Frumtak Ventures with participation from angel traders.

The funding will likely be used to scale the Moombix market and enhance person expertise, speed up buyer acquisition, and put together for a strategic launch into the UK, a territory by which it already has practically 200 academics signed-up to supply lessons.

Moombix’s long-term sustainable progress will likely be fueled by persistently onboarding gifted academics and musicians from a various vary of musical disciplines. By increasing Moombix´s choices and enhancing the coed expertise, the corporate goals to supply a top-tier, personalised studying platform for its rising world neighborhood.

Moombix was based by skilled musician and entrepreneur Margret Juliana Sigurdardottir, who has carried out with fellow Icelanders Björk and Sigur Rós. Moombix is her second music-tech startup, which she based in 2022 after efficiently exiting from her first startup award profitable Mussila. 

Moombix co-founder and CEO Margret Juliana Sigurdardottir, mentioned: “As an skilled skilled musician and music trainer, I’ve witnessed first-hand how troublesome it may be to entry versatile, high-quality music classes. Conventional classes are designed for school-age youngsters, which leaves adults with restricted choices. Moombix modifications that. We’re not simply providing classes; we’re making music training a way of life alternative – one thing that may match seamlessly into your day, similar to a yoga class or some other interest. We’re excited to embark on the following step of our journey, constructing a world neighborhood of music fanatics, the place aspiring musicians can join with knowledgeable academics from all all over the world, anytime, anyplace. Frumtak Ventures’ help is invaluable as this funding will assist us not simply develop however interact each academics and customers, in addition to set up Moombix because the go-to platform for music training worldwide.”

Moombix approaches music studying as a way of life, encouraging adults to pursue it for private progress and fulfilment, very like studying a language or practising yoga. Conventional music training typically presents challenges akin to location, scheduling, and entry to specialised abilities, particularly for these with busy life. Moombix removes these boundaries by providing versatile, one-on-one classes with knowledgeable academics, making music training accessible to everybody. 

As Moombix enters its subsequent part of progress, the corporate goals to develop its person base by attracting certified academics and college students from each location. Moombix academics already embrace revered musicians akin to: Biggi Þóris (MD of the Icelandic Nationwide Theatre), Richard Bedford (Grammy nominated British singer-songwriter), Andrew Morgan (long-term collaborator with Neil Davidge of Large Assault and world music lecturer), and Steve Riggs (DJ and producer who has labored with Sony, Armada Music, and deadmau5). 

The workforce will even proceed to develop the platform’s technical infrastructure – which already consists of its proprietary video conferencing device, its streamlined cost processing system and different digital instruments which might be tailor-made for stay on-line music classes.  

Frumtak Ventures associate Andri Heidar Kristinsson added: “Frumtak Ventures is thrilled to help Moombix as the corporate embarks on its first main world push. Their concentrate on high quality educators, mixed with an intuitive platform, positions them to be a pacesetter within the world music training house. We’ve got been impressed with the platform’s flexibility to enchantment to not solely college students but additionally skilled musicians, skilled music academics, and newly graduated musicians who can set their very own schedules and educate from anyplace. Moombix has the potential to revolutionise how folks join and be taught, and we’re excited to affix them on their mission of constructing music training accessible to all.”



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