UK-headquartered PR company Jukebox expanding into the venture capital space.
The Alex Jukes-founded company, known for its work in music, entertainment and lifestyle, has announced the launch of Jukebox Ventures and its first investment fund aimed at “the convergence of music, technology, and culture.”
Jukebox’s Fund I will be focused on early-stage investments, from pre-seed to Series A, and aims to raise up to $15 million, the company says. It aims to invest in startups across rights and licensing, creator tools, streaming and distribution, music education tech, fan engagement, content monetization, immersive media and live experiences.
“Despite the music industry surpassing $32 billion in global revenue in 2023, early-stage funding remains scarce – with less than 10% of music tech VC deals occurring before Series A,” Jukebox said in a statement.
“Jukebox Ventures was created to close this gap with capital, strategic guidance, and access to a global marketing engine.”
Jukebox Ventures’ leadership team includes Alex Jukes as Co-Founder and General Partner; Christian Lawrence, Senior Market Strategist at Rabobank, who will serve as General Partner and Head of Investor Relations; Kevin Caballes; Head of Operations at Sorella Labs, who will serve as Operating Partner; and Anthony Trotta, founder of Vernon Capital, as Partner and Head of Trading.
“This fund is about more than capital. It’s about giving startups a cultural edge and LPs a front-row seat to innovation across music and entertainment.”
Alex Jukes
Initial members of the Jukebox Ventures Advisory Board include:
- HOSH, DJ, producer, and founder of Fryhide and Diynamic.
- Inder Phull, CEO of PIXELYNX and creator of KOR Protocol (acquired by Animoca Brands).
- Ed Hill, SVP at Beatport Media Group and Board Member at IMS.
- Monica Hertz, Senior Director of Operations at SESAC Music Group.
- Joshua Brandon, Partner at Seven 7 Management and co-founder of Your Culture, with experience across Sony, Live Nation, and WME.
- Indi Matthews, Marketing Director at Jukebox, with eight years’ experience in the music industry.
- Ramesh Satguru, founder of Assemble Talent and former UK Director of elrow, with 15+ years in festivals, artist management, and startup investing.
“For over a decade, Jukebox has helped shape music and culture from behind the scenes. With Jukebox Ventures, we’re stepping in earlier – investing in the next wave of founders building the tools, platforms and experiences that will define the future,” Jukes said.
“This fund is about more than capital. It’s about giving startups a cultural edge and LPs a front-row seat to innovation across music and entertainment.”
Since its launch in 2008, Jukebox has focused on PR for dance music, record labels, lifestyle companies and festivals. It expanded into artist management in 2018.
The company’s founder, Alex Jukes, has worked on more than 350 festivals across 40+ countries and built a media network reaching over 40 million followers.Music Business Worldwide
