Demuzo, an Indonesia-based music tech startup, has raised US$600,000 in pre-seed funding and launched its music investment platform.

The platform enables fans to invest in emerging musicians by purchasing shares of their music royalty rights.

These funds will support music promotion efforts, including distribution and marketing.

Demuzo operates in a competitive market alongside platforms such as Corite, Royal.io, and Royalty Exchange.

Founded in 2022, Demuzo is guided by four co-founders, including CEO Mark Feldman, who has previous experience in the music industry.