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SPACE IS THE PLACE

Scooter Braun’s Ithaca Holdings, Zach Katz, Ripple’s Xpring and tech and music entrepreneur Shara Senderoff have created an investment group to create solutions for the music industry and, via a community of experienced music and tech leaders, focus on raising the value of music.

Raised In Space Enterprises will forge collaborations between music and technology with investments ranging from $500k to $5m. Raised In Space will leverage its partnership with  Xpring to integrate blockchain and the digital asset XRP where it can most powerfully benefit and have an impact on the music industry.

“The relationship between music and tech has massive untapped potential,” said Braun. “I’m excited to launch a company focused on bridging these two industries in a transformative and actionable manner that raises the value of music.”

Katz, most recently President of BMG, is CEO and Partner. “Writing the check is easy,:” he says. “Hands-on guidance, time, and strategy is the real investment. There has to be consistent collaboration and conversation—we get into the bones of these companies to help them see and reach their highest potential.

"We will unify the most forward-thinking leaders (the outliers, the out of this world thinkers who feel like they were raised in space) in both music and tech to foster community and ideas that will ultimately catapult the music industry into the future. And in keeping with our venture's name, I intend to be the first Jew on Mars.”

The headquarters of Raised In Space are in Santa Monica.

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WORLDWIDE GROOVE
How is globalization bringing far-flung territories into the musical mainstream?
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