New Renaissance Ventures

Today is launch day for New Renaissance Ventures. <3 Curios? Check out the video below or the Sifted interview in the comments for a bit more context. Thanks Miriam for the great conversation. New Renaissance Ventures is the first dedicated micro fund for the Cultural and Creative Industries. With a target volume of € 20m, we are now backing the next generation of cultural and creative leaders in their earliest stages. - We invest in early stage tech startups. - Our sole focus is the Cultural and Creative Industries - Initial tickets range from € 100-500k. - We lead pre-seed and follow at seed. It has been an honour to collaborate so early with so many outstanding partners who have helped us lay the foundation for the first VC brand and community in the Cultural and Creative Industries. #visualarts #performingarts #newmedia #culturalheritage

‘What will my returns be?’ This is often the first question for investments across all asset classes. Art plays an important role not only in reflecting society but often in defining new attitudes and ways of thinking. But what effect does this short-sighted financial approach have on the art we make? And where does this leave the artist? In our latest article, we explore: 🔹 How shifts in the art market influence the way artists create and sell. 🔹 The rising role of independent artists challenging the traditional gallery system. 🔹 What this means for collectors, investors, and the future of fine art. 🔹 Can independent artists claim the same influence as galleries? 🤓 Article link: https://lnkd.in/eZpJAsAN Artwork credits: Ethics of Collecting, Pablo Helguera, 2022

What a week in Helsinki! Slush was a blast, and it was amazing to catch up with so many friends, portfolio founders, and investors. Too many talks and too many meeting so we only managed to take a single (very bad) photo on one of the too many side events. Kudos to Dave from FOV Ventures, Andrea from Best Nights VC and Jacquelle from Fave and Alex from un:hurd music on a very interesting panel on raising Series A for music tech startups. See you next year 💙

Last year, Spotify paid more than half its $9bn streaming payouts to independent artists and labels. ✨ This is the first time in it’s 18 year history that it paid out more to independents than to major record labels. Has the music industry finally become democratised? Learn more about how in our latest article: https://lnkd.in/emEqQsXg

Let us know if you are around 🎨 🤖 💙

One year ago, we introduced New Renaissance Ventures to the world as the first dedicated venture fund for the Cultural and Creative Industries. Now, 12 months into this journey, we’d like to take this opportunity to share a status update on our progress and provide an outlook on the industry. 🎨 🤖

Historically, the cultural and creative sector has relied on funding from the state and rich patrons. 📈 But, since the Global Financial Crisis in 2008 government funding in culture has generally remained below pre-2008 levels. Across the OECD, cultural services now represent an average of just 1.2% of total government spending. 🚘 Today, Venture Capital has become the driving force. Learn more about how in our latest article: https://lnkd.in/edsjjHCX How do you think funding for cultural and creative industries will look like in the future?

👀 Is AI enhancing or stifling human creativity? How will our creative industries adapt? How do we fund and manage investment in culture and creativity? These are the questions that fascinate us. Are you as curious as us to know about how our creative world is changing? 📣 We're excited to launch our Substack newsletter, where we’ll dive deep into the trends and insights shaping the cultural and creative industries every week. 👉 Stay curious, stay creative and stay ahead of the curve in the evolving world of culture, creativity and technology! Subscribe in link below... https://lnkd.in/esAUF6JE

Fantastic first edition of the CultTech Summit in Vienna! The venue was packed with AI engineers discovering artistic projects, music industry leaders mingling with philosophers, and investors chatting with social activists. It was an incredible mix of people and a great atmosphere. I had the pleasure of leading an engaging discussion on investing in culture and creative tech - the core thesis of New Renaissance Ventures - with my amazing guests: Hazel Savage from SoundCloud, Oliver Holle from Speedinvest and Uli Schmitz from Axel Springer. Thank you to the fantastic audience for the insightful Q&A and to everyone who filled the room!

We are excited to announce James Song has joined New Renaissance Ventures as our dealflow partner. James has built his experience as a venture capital investor across two early stage funds in Berlin where he sourced and executed deals as well as actively supported a considerable portfolio in consumer tech. As a visual artist, his work has been exhibited internationally with recent shows this year in Paris and Madrid featuring in Vogue Spain. He has also amassed a following of over 40,000 on social media as a creator where he shares his artistic journey and promotes creativity. His experiences in VC, content creation and the art world has shaped his point of view on how we create and consume culture. He has specifically developed domain expertise on the creator economy and believes these new business models serve to democratize all verticals within cultural and creative industries. Having worked in the UK, Germany, China and most recently Brazil James brings a global perspective to our thesis. We look forward to having James join us in our mission to drive cultural and creative industries forward! If you are equally obsessed with the creator economy as a founder, operator, creator or agency please reach out to James for a chat.