Diggers Factory is a France-based startup founded in 2015 that presents an innovative platform for the music industry. Embracing the power of crowdfunding, Diggers Factory gives artists the opportunity to pre-sell vinyl records with a unique twist. Under their model, if a predefined quantity of orders is met, production is initiated. Otherwise, customers receive a full refund, demonstrating a risk-free approach. This Seed Round investment of €1.14M at 22 July 2022 has provided Diggers Factory with the necessary boost. Although the specific investors are not disclosed, this capital injection is expected to support the music industry startup in enhancing its digital infrastructure, broadening its community, and expanding its artist base. Overall, Diggers Factory's concept not only taps into the resurging popularity of vinyl but also leverages the strength of a passionate, engaged community. This investment signals confidence in their unique business model, positioning them for growth and potential future expansion into additional segments of the music market.
Funding Stage | Amount | No. Investors | Investors | Date |
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Seed Round | €1.14M | - | 22 Jul 2022 | |
Seed Round | €720.64K | - | 19 Sep 2019 | |
Seed Round | €300.00K | - | 26 Jun 2017 |
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