Investments
10Portfolio Exits
3Latest Siqi Chen News
Apr 20, 2022
trac , a Los Angeles, CA-based music-tech company, closed a $2.5m pre-seed funding round. The round was led by Lagos, Nigeria-based Zrosk Investment Management, with participation from AppWorks, InfinityVC, Calm Company Fund, Dapper Labs, as well as key angels including Roham Gharegozlou and Siqi Chen. The company will use the funding to scale the business and increase its market reach while expanding its engineering and operations teams. Founded in 2020 by Cardin Campbell, trac provides an artist monetization platform. It enables artists to monetize and manage every aspect of their careers. The company first launched by giving artists free music distribution on platforms such as Spotify, Apple Music, Youtube, and Tidal—and is adding on other integrated products to create an artist stack, bridging Web2 and Web3. trac will soon begin creating decentralized autonomous organizations (DAOs) for artists that will run on their own unique artist tokens that incentivize engagement. FinSMEs 20/04/2022
Siqi Chen Investments
10 Investments
Siqi Chen has made 10 investments. Their latest investment was in Trac as part of their Seed VC on April 4, 2022.
Siqi Chen Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
4/19/2022 | Seed VC | Trac | $2.5M | Yes | 1 | |
12/22/2021 | Seed VC - II | Tazah Technologies | $4.5M | Yes | Alter Global, Earl Grey Capital, Fatima Gobi Ventures, Global Founders Capital, K3 Fund, Kinnow, Matt Brezina, Nuwa Capital, RTP Global, Sahil Bloom, Shorooq Partners, Undisclosed Angel Investors, Vibe Capital, and Zayn Capital | 3 |
8/4/2021 | Seed VC | Khabri | $2.1M | Yes | 7 | |
6/23/2021 | Angel | |||||
6/22/2021 | Angel |
Date | 4/19/2022 | 12/22/2021 | 8/4/2021 | 6/23/2021 | 6/22/2021 |
|---|---|---|---|---|---|
Round | Seed VC | Seed VC - II | Seed VC | Angel | Angel |
Company | Trac | Tazah Technologies | Khabri | ||
Amount | $2.5M | $4.5M | $2.1M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | Alter Global, Earl Grey Capital, Fatima Gobi Ventures, Global Founders Capital, K3 Fund, Kinnow, Matt Brezina, Nuwa Capital, RTP Global, Sahil Bloom, Shorooq Partners, Undisclosed Angel Investors, Vibe Capital, and Zayn Capital | ||||
Sources | 1 | 3 | 7 |
Siqi Chen Portfolio Exits
3 Portfolio Exits
Siqi Chen has 3 portfolio exits. Their latest portfolio exit was Forge Global on March 22, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
3/22/2022 | Reverse Merger | 4 | |||
Date | 3/22/2022 | ||
|---|---|---|---|
Exit | Reverse Merger | ||
Companies | |||
Valuation | |||
Acquirer | |||
Sources | 4 |
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