Corite to get €600k from Tagehus and Eastate.

Corite, a Stockholm, Sweden-based startup operating a digital platform used for artist funding, announced the completion of a €600k ($700k) capital investment round.

The money was provided by new and existing investors, including Tagehus,  Eastate, owned by the family behind East Capital group, and Almi Invest. The deal included funds provided by angel investors Danny Saucedo, Tomas Lööw, and Charles C. Adam.

Corite, founded in 2018 by Emil Angervall and Mattias Tengblad (CEO) developed a platform that helps fans to invest in artists and be a part of the creative journey from inception to delivery. Corite released its platform in beta in October 2019, and since then has run over 40 artist campaigns.

Prior to this round, in 2019, Corite raised another funding round.