Arpeggi Labs Raises $5.1M in Seed Round Led by a16z

Web3 music creation platform Arpeggi Labs announced that it has raised $5.1m in a seed funding round led by a16z, with participation from 1confirmation, Palm Tree Crew, WndrCo Ventures and others. Arpeggi Labs aims to provide a music creation platform where anyone can create, upload and publish sounds and songs for other musicians to use via remixing and sampling.