Gismart invests $500k in innovative music startup Jambl
by Startacus Admin
Berlin-based music tech startup, Jambl secures $500,000 investment from Gismart, a leading developer and publisher of entertainment-focused apps and games
Good news for Jambl, a Berlin-based music startup with the announcement that Gismart, a leading developer and publisher of entertainment-focused apps and games has made a $500,000 investment. The innovative startup is aspiring to become the largest social media platform for beat making music creators. The investment has been made in line with Gismart’s recently announced investment programme for talented teams with promising mobile projects. Gismart will act as Jambl’s strategic partner and publisher and will provide both financial support and expertise in product management, marketing and growth.
"Music-based video apps are putting a new spin on the social media industry and Jambl has all it takes to become the next favourite app for music makers. It’s simple, engaging, and allows users to produce quality music and share it with the community in just a few clicks. We are happy to add the Jambl app to our portfolio of music-making apps and games, and help the team build and grow a fantastic product,” commented Gismart representatives.
Gismart operates within three key areas - hyper-casual games, third-party game publishing, and music entertainment apps. The company is constantly on the lookout for talented developers across a range of verticals with a focus on music, entertainment, and hyper-casual gaming.
Jambl is an instant music-maker with a strong focus on online and live collaboration. The app allows anyone to create music, enabling total creative freedom with no technical or musical knowledge, thereby bringing music-making to the masses. Its music engine lets users of any age or musical experience create and share music instantly. Users can add videos with musical filters and share music both within the app and online, as well as participate in user charts and competitions.
Speaking on the investment news, Gad Baruch Hinkis, founder of Jambl said: “We are thrilled to join forces with Gismart, grow our user base and have the resources to continue to develop Jambl as far as we know it can go.”
He added “Our team is obsessed with giving everyone in the world the instant ability to express themselves through music. Billions of people think music is not for them and that they are not talented enough, but we are here to change that and to help them experience the many benefits of being active and playing music.”
Jambl is the first of many products planned over the coming years by the Jambl team. The team is also working on an educational game within the app that would help users learn more about different music styles and to improve their skills.
This is one to watch for sure!
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Participants in Catalyst’s Co-Founders programme offered opportunity to avail of a £10,000 proof of concept grant from Techstart to help validate their business idea.
Atoa announces pre-seed funding for its solution to empower and improve cash flow for independent, small and mid-sized UK retail merchants.
 Tong Gu, Reem Mobassaleh Wyndham and Monik Pham.jpg)
Pact launches its first £30M fund to back early-stage European tech startups using technology for economic inclusion, well-being and climate solutions.
Paris-based startup Immortal Game uses blockchain technology to add a new dimension to the most played board game in the world.
Co-Founders seeking people with innovative ideas and desire to create startups that could change the world for its 2023 programme.
Marketers - want to turn shoppers into customers this Black Friday? Marietta Chatzidiakou, Senior Content Consultant at Digital Ethos shares some tips on how to do just that.
Data from more than 500 companies reveals the core health of SaaS startups and assesses how European companies have performed relative to American counterparts.
The lowdown on Symphony, the startup that'll give you a front row seat to enjoy the finest live performances by some of the most famous orchestras in the world...
.png)
SeedLegals, the leading legal automation platform for startup funding steps into backing blockchain marketplace in carbon-neutral deal.
The lowdown on Boxlist, the AI-powered social network aiming to be your new go-to place for discovering TV and film recommendations across all streaming services.
Published on: 9th December 2019
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Catalyst and Techstart offering startup co-founders the chance to win £10k proof of concept grants 30th Nov 2022 Participants in Catalyst’s Co-Founders programme offered opportunity to avail of a £10,000 proof of concept grant from Techstart to help validate their business idea.
- UK fintech Atoa secures $2.2M pre-seed round as it kills Visa and Mastercard fees for businesses 24th Nov 2022 Atoa announces pre-seed funding for its solution to empower and improve cash flow for independent, small and mid-sized UK retail merchants.
- Female-led Pact Launches £30m Seed Fund 24th Nov 2022 Pact launches its first £30M fund to back early-stage European tech startups using technology for economic inclusion, well-being and climate solutions.
- Catalyst's Co-Founders programme opens for applications 23rd Nov 2022 Co-Founders seeking people with innovative ideas and desire to create startups that could change the world for its 2023 programme.
