Loud Parade: case study
Case study
Part of the FutureScope’s Black Founders Programme, Digital Catapult supported Loud Parade to get investment ready and receive business expertise.
The Black Founders Programme is an accelerator targeted at pre-seed or seed stage, Black-founded companies creating innovative products and services in the digital entertainment industry.
The aim of the programme is to fast track high-growth potential startups from a business and investment perspective, providing the support needed to increase their investment readiness level.
Sony Music UK is a collaboration partner for this programme and plays an active role in supporting business growth & facilitating connections where possible.
The programme has been running since 2023 and it already has one cohort. Below you can find more information about the benefits, community and the success stories.
In addition to providing investment readiness, the programme supports Black founders to further create connections and networking opportunities, together with driving positive change across the UK startup industry.
Support Black founders become investment ready
Masterclasses, mentoring and coaching from industry experts
Peer-to-peer support
Potential for funding opportunities
Access to state-of-the-art facilities & deep tech expertise
Access to potential partners, investors and customers
Nyangibo Gallery is an online and in-person extended reality (XR) and 3D art gallery that launched in 2023, featuring some of the best established and emerging talent from the XR world, including London-based artist Leslie Deere, award winning French VR director/creator Tatiana Apraxine and 3D and fashion artist Yu Chen.
After following Digital Catapult and its activities for a while, Haami Nyangibo, founder of Nyangibo Gallery, decided to join the FutureScope Black Founders Programme to expand her experience running a creative tech business. As a Black founder, she wanted to be part of a programme where she could find the right mentorship and people who have similar experiences.
Loud Parade makes bespoke music for brands and creative agencies by facilitating the complicated process of syncing and licensing popular music. Using behavioural science and artificial intelligence (AI) to measure the marketing effectiveness and promotional impact of music and audio assets, Loud Parade provides music by working with a network of independent artists and through relationships with major labels.
The Black Founders Programme has allowed Loud Parade to develop its value proposition and connect with investors, improving the company’s investment readiness and deepening understanding of how to manage expectations when pitching to potential investors.
Black startup founders face significant disparities in venture capitalist investments, receiving only 0.2% of overall funding, with just 38 businesses led by Black entrepreneurs receiving venture capital between 2009 and 2019.
Read the reportDiscover the partners and people supporting our Black Founders programme. From consultants, mentors to supporters and partners.
Part of the FutureScope’s Black Founders Programme, Digital Catapult supported Loud Parade to get investment ready and receive business expertise.
Part of the FutureScope’s Black Founders Programme, Digital Catapult supported Nyangibo Gallery to get investment ready and receive business expertise
Digital Catapult and Sony Music UK unveil ten Black tech entrepreneurs cultivating innovation in digital entertainment
A new report exposes the barriers hindering underrepresented founders from accessing investment for their advanced digital technology startups in the…