Photo Credit: AEI Music
AEI Music has announced its new AEI Ventures investment arm, focusing on the next founds in the music and hospitality industries.
AEI Ventures will focus on investing in companies created by those with little experience in the traditional music and hospitality industries. Emphasis will also be placed on working with those from historically excluded or marginalized backgrounds.
A certified B Corporation, AEI Music has long held itself to the highest staff welfare and environmental standards and carefully considers its impact on the wider community and planet. AEI Ventures was born out of a belief that investing in like-minded founders with a strong sense of community can further this cause.
AEI noted that its operations have always been 100% independent. This will continue with AEI Ventures, with funding raised by reinvesting profits from AEI Music. Founders and businesses backed by AEI will join a collaborative network of innovators, receiving mentorship, peer support, and funding.
AEI Ventures launches two years after the opening of The Halley (pictured above), AEI’s East London shared workspace and production studios. It’s a community space designed for music-driven creatives, artists, and businesses. With successful collaborations already emerging from The Halley community, the thriving hub will also serve as an incubator for potential AEI Ventures investment.
“We’ve always found the must success when working with those that come from outside of the traditional sectors we operate in, whether that’s founders or even our internal staff,” says Diluk Dias, Co-Founder & CEO at AEI Music. “With the launch of AEI Ventures, we’re expanding this approach beyond the niche dance music industries we’ve traditionally operated in, to bring more outsiders inside across music and hospitality.”
“The launch of [the fund] is a crucial next step in our mission to transform the culture of the music industry,” adds Sarah Cole, Chief Operating Officer at AEI Music. “For too long, the access needed to get a foot in the door or investment to reach the net level has been limited for many communities. We are excited to play a part in changing this.”