Q3 2024 Brought Another Double-Digit Music Industry Funding Dip — And Signs of a Possible Acceleration Heading Into Q4

Music industry funding suffered a double-digit year-over-year decrease in Q3 2024 despite some signs of a possible acceleration during the quarter’s second half. Photo Credit: Alexander Schimmeck
Music industry companies raised $425.28 million during Q3 2024, which brought a funding acceleration on a quarterly basis but fell far short of the sum attached to Q3 2023.
These stats come from an analysis of DMN Pro’s Music Industry Funding Tracker, a searchable and filterable database of