The music production industry in Benelux is thriving, bringing together a mix of innovation and creativity. This sector includes a variety of players, ranging from independent studios and record labels to cutting-edge tech startups that specialize in music analytics and audio engineering. As streaming services dominate the market, local companies are increasingly focused on leveraging technology to enhance music accessibility and improve production quality. Emerging trends such as AI-driven composition tools and collaborative platforms indicate a promising future, attracting attention from investors eager to tap into this evolving environment. A strong community of passionate artists and producers continues to flourish here.


In Benelux, the investing ecosystem comprises a blend of venture capital and private equity firms, varying greatly in size and focus. Most investors operate within the vibrant hubs of Brussels, Amsterdam, and Luxembourg, with founding years ranging from 1957 to 2020. In 2024, these firms collectively engaged in numerous deals, showcasing their commitment to shaping the music production landscape. Entities such as Prosus Group and Exor N.V. exemplify the large-scale investments being made as the industry grows, highlighting a continuous effort to foster innovation and sustainability in musical creativity.


Top 14 Music Production Investors in Benelux


1. LeanSquare

  • Website: leansquare.be
  • Type: Venture Capital
  • Headquarters: Belgium
  • Founded year: 2014
  • Headcount: 1-10
  • Number of deals in 2024: 3
  • LinkedIn: leansquare

LeanSquare is a venture capital investment fund based in Belgium, founded in 2014. The firm specializes in supporting innovative projects across various sectors, including the Cultural and Creative Industries, Enterprise Software, and Life Sciences. LeanSquare provides financial investment, expertise, and networking opportunities to startups that are at a mature stage and seeking growth. Notably, LeanSquare has been involved in several transactions relevant to the music production industry, including investments in Musimap, which raised funds in both 2016 and 2020, focusing on music data analytics. Additionally, they invested in Bridge.audio in 2024, a company likely involved in audio technology, further emphasizing their commitment to the music sector. LeanSquare operates with a focus on building trust and long-term relationships with entrepreneurs, making them a supportive partner for startups in the music production space.


2. European Innovation Council (EIC)


The European Innovation Council (EIC) is a public entity based in Brussels, Belgium, established to support innovation and entrepreneurship across Europe. Founded in 1958, the EIC offers various funding programs, including the EIC Accelerator and EIC Pathfinder, aimed at helping startups and SMEs develop and scale their technologies. In 2023, the EIC was involved in significant transactions within the music production context, such as leading a €10 million pre-Series A funding round for Enote, a Berlin-based music technology startup. Additionally, the EIC provided grants to Enote in 2022 and 2021, as well as participating in funding for Voiseed, an Italian startup focused on AI dubbing solutions. These investments highlight the EIC's commitment to fostering innovation in the music production industry, particularly through technology-driven initiatives.


3. Noshaq

  • Website: noshaq.be
  • Type: Venture Capital
  • Headquarters: Belgium
  • Founded year: 1985
  • Headcount: 11-50
  • Number of deals in 2024: 11
  • LinkedIn: noshaq-be

Noshaq is a venture capital investment fund based in Belgium, founded in 1985. The firm specializes in providing financial solutions and strategic support to small and medium-sized enterprises (SMEs) in the province of Liege. Noshaq focuses on funding, project structuring, and business development, particularly in sectors such as biotech and sustainable development. Notably, Noshaq has also invested in the music production industry, with relevant transactions including Herrmutt Lobby, which raised an undisclosed amount in a venture round in 2014, and Soundbops, which secured $61,679 in a seed round in 2018. These investments highlight Noshaq's engagement with innovative projects in the music sector, showcasing its versatility as an investor.


4. Mediahuis nv

  • Website: mediahuis.be
  • Type: Corporate
  • Headquarters: Antwerp, Flanders, Belgium
  • Founded year: 2013
  • Headcount: 1001-5000
  • LinkedIn: mediahuis-belgie

Mediahuis nv is a corporate investor based in Antwerp, Flanders, Belgium, founded in 2013. The company operates primarily in the media sector, focusing on publishing and broadcasting services. It offers a diverse range of products, including newspapers, magazines, and online media, catering to a wide audience across several European countries. Recently, Mediahuis has expanded its portfolio by acquiring RadioCorp, which owns popular radio stations such as 100% NL, SLAM!, and SUNLITE. This strategic acquisition aims to enhance Mediahuis's presence in the Dutch radio market and local advertising, indicating a commitment to the audio and music broadcasting landscape, which is relevant to music production.


5. s16vc - Founders for Founders Fund

  • Website: s16vc.com
  • Type: Venture Capital
  • Headquarters: Amsterdam, North Holland, Netherlands
  • Founded year: 2020
  • Headcount: 11-50
  • Number of deals in 2024: 7
  • LinkedIn: s16vc

s16vc - Founders for Founders Fund is a venture capital firm based in Amsterdam, Netherlands, founded in 2020. The firm focuses on providing advisory services to companies, emphasizing the importance of hiring advisors for management and strategy. Notably, s16vc has participated in several relevant transactions, including Podcastle, which raised $7 million in a seed round for podcast creation, and Dubformer, which raised $3.6 million in a seed round, likely related to audio production. These investments suggest a connection to the music production industry, as they involve platforms that facilitate audio content creation and distribution.


6. Prosus Group

  • Website: prosus.com
  • Type: Venture Capital
  • Headquarters: Amsterdam, North Holland, Netherlands
  • Founded year: 2019
  • Headcount: 10001+
  • Number of deals in 2024: 21
  • LinkedIn: prosus-group

Prosus Group is a global technology investor and operator based in Amsterdam, Netherlands, founded in 2019. The firm focuses on enhancing everyday life through technology across various sectors, including online classifieds, food delivery, payments, and education technology, serving over two billion customers worldwide. Notably, Prosus has made significant investments in the music production space, including a $12 million Series B investment in BandLab on April 26, 2022. BandLab is a prominent platform that allows users to create, collaborate, and share music, highlighting Prosus's interest in innovative technology that supports music production and distribution. This investment aligns with Prosus's strategy of partnering with local entrepreneurs to foster community growth and sustainable business practices, further emphasizing their commitment to enhancing the music industry through technology.


7. Quilvest Capital Partners


Quilvest Capital Partners is an investment management firm based in Luxembourg, specializing in private equity, real estate, and private credit. Founded in 1917, the firm manages over $7 billion in assets and serves a diverse clientele, including institutions and family offices, by providing tailored investment strategies to meet their financial objectives. Notably, Quilvest has participated in significant transactions such as the $100 million Series C funding round for Saavn, an Indian streaming company, which highlights their engagement in the music industry. Additionally, they acquired Groupe EDH in 2017, although this transaction is less directly related to music production. Overall, Quilvest's investment in Saavn demonstrates their potential interest in the music production sector.


8. Triodos Bank

  • Website: triodos.com
  • Type: Venture Capital
  • Headquarters: Driebergen-Rijsenburg, Utrecht, Netherlands
  • Founded year: 1980
  • Headcount: 1001-5000
  • Number of deals in 2024: 2
  • LinkedIn: triodos-bank

Triodos Bank N.V. is a public entity operating as an ethical bank focused on sustainable finance. Founded in 1980 and based in Driebergen-Rijsenburg, Utrecht, Netherlands, the bank offers services such as depository receipts, green bonds, and investment management, catering to individuals and businesses seeking to align their financial activities with ethical and sustainable practices. Triodos Bank operates in multiple European countries, promoting transparency and positive impact in the banking sector. One notable transaction relevant to the arts is their investment in the Hackney Arts Centre, which secured £1.9 million in funding to transform an old cinema into a socially minded arts complex. This investment reflects Triodos Bank's commitment to supporting cultural initiatives, which may include music production projects that align with their ethical investment philosophy.


9. LIAN Group

  • Website: liangroup.io
  • Type: Private Equity
  • Headquarters: Luxembourg
  • Founded year: 2017
  • Headcount: 11-50
  • Number of deals in 2024: 2
  • LinkedIn: liangroup

LIAN Group is a private equity investment firm based in Luxembourg, founded in 2017. The firm specializes in building and funding successful companies across impactful industries, with a strong focus on rapidly expanding tech companies and SMEs in Europe. They provide venture capital and private equity services, along with operational support through their Venture Studio, which helps startups achieve product-market fit and grow effectively. Notably, LIAN Group was involved in a significant transaction with Spotify, where they participated in a secondary market funding round in April 2017. This investment highlights their engagement in the music industry, particularly in innovative platforms that shape music distribution and consumption.


10. Astorg

  • Website: astorg.com
  • Type: Private Equity
  • Headquarters: Luxembourg
  • Founded year: 1998
  • Headcount: 51-200
  • Number of deals in 2024: 8
  • LinkedIn: astorg

Astorg is a private equity firm based in Luxembourg, founded in 1998, with a focus on investments in global B2B companies. With €22 billion in assets under management, they specialize in providing capital, strategic guidance, and governance to management teams across various sectors, including healthcare, technology, and business services. Notably, Astorg made a significant acquisition in the music production context by purchasing Audiotonix, a professional-audio group that encompasses brands like DiGiCo, Calrec, and Allen & Heath, for approximately $254 million in February 2017. This acquisition highlights Astorg's engagement in the music production industry, particularly in audio technology, which is essential for music creation and production.


11. Exor N.V.

  • Website: exor.com
  • Type: Venture Capital
  • Headquarters: Amsterdam, North Holland, Netherlands
  • Founded year: 2009
  • Headcount: 11-50
  • Number of deals in 2024: 26
  • LinkedIn: exor_2

Exor N.V. is a holding company based in Amsterdam, Netherlands, founded in 2009. It operates across various sectors, including automotive, healthcare, and media, and manages a diverse portfolio of companies such as Ferrari, Stellantis, and Philips. Exor focuses on enhancing value through strategic investments and operational support. Notably, Exor has made significant investments in the music production context, including a venture round for DICE, a ticketing platform that caters to the music industry, raising over $65 million in August 2023. Additionally, Exor has invested in Avant Arte, a platform that connects artists and collectors, with funding rounds in both 2019 and 2022, indicating a commitment to supporting creative industries that intersect with music production.


12. Globivest

  • Website: globivest.com
  • Type: Venture Capital
  • Headquarters: Mamer, Capellen, Luxembourg
  • Founded year: 2016
  • Headcount: 1-10
  • Number of deals in 2024: 1
  • LinkedIn: globivest

Globivest is a venture capital firm based in Mamer, Capellen, Luxembourg, founded in 2016. The firm is dedicated to empowering early-stage startups that prioritize impact alongside profit, providing both funding and strategic support to entrepreneurs. Their portfolio reflects a commitment to innovative and scalable solutions across diverse sectors. Notably, in January 2023, Globivest participated in a seed round for Mini Studio, a company that likely operates within the music production space, indicating their interest in this industry. This transaction highlights their engagement with startups that may contribute to the music production landscape.


13. Cobepa

  • Website: cobepa.com
  • Type: Private Equity
  • Headquarters: Brussels, Brussels, Belgium
  • Founded year: 1957
  • Headcount: 11-50
  • Number of deals in 2024: 2
  • LinkedIn: cobepa

Cobepa is a private equity investment company based in Brussels, Belgium, founded in 1957. It specializes in providing investment management and strategic support to enhance the growth and sustainability of its partner businesses. Cobepa operates with a permanent capital base, allowing it to invest in a diverse range of industries, including healthcare and industrial sectors. Notably, Cobepa was involved in a private equity round for D&B Audiotechnik, a company known for its professional audio equipment, which plays a significant role in the music production industry. This transaction highlights Cobepa's engagement in sectors that intersect with music production, showcasing its potential interest in this field.


14. Verlinvest

  • Website: verlinvest.com
  • Type: Venture Capital
  • Headquarters: Brussels, Brussels, Belgium
  • Founded year: 1995
  • Headcount: 11-50
  • Number of deals in 2024: 5
  • LinkedIn: verlinvest

Verlinvest is a venture capital firm based in Brussels, Belgium, founded in 1995. The firm specializes in high-growth consumer brands across diverse sectors, including food, beverage, health, and technology. Verlinvest provides long-term capital and strategic advisory services to help brands scale and innovate, with a strong emphasis on consumer needs and sustainable practices. Notably, Verlinvest has participated in funding rounds for Kuku FM, an audio startup that raised significant capital to enhance its content creation ecosystem and expand its regional language offerings. This involvement highlights Verlinvest's interest in the audio sector, which is relevant to music production.



Music Production Insights: Key Investors in Benelux


InvestorHeadquarterSizeFoundedDeals 2024
LeanSquareBelgium1-1020143
European Innovation Council (EIC)Brussels, Brussels, Belgium201-500195857
NoshaqBelgium11-50198511
Mediahuis nvAntwerp, Flanders, Belgium1001-500020130
s16vc - Founders for Founders FundAmsterdam, North Holland, Netherlands11-5020207
Prosus GroupAmsterdam, North Holland, Netherlands10001+201921
Quilvest Capital PartnersLuxembourg51-20019172
Triodos BankDriebergen-Rijsenburg, Utrecht, Netherlands1001-500019802
LIAN GroupLuxembourg11-5020172
AstorgLuxembourg51-20019988
Exor N.V.Amsterdam, North Holland, Netherlands11-50200926
GlobivestMamer, Capellen, Luxembourg1-1020161
CobepaBrussels, Brussels, Belgium11-5019572
VerlinvestBrussels, Brussels, Belgium11-5019955


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