Fave in a $2.2 million seed round backed by Betaworks, Sony Music, Warner Music, Concord Music et al.

Fave, a Zurich, Switzerland-based operator of a social network for music influencers, announced the completion of a $2.2 million capital funding round.

The money was raised from a range of investors including Female Founders Fund, HYBE, Sony Music, Warner Music, Concord Music, Quality Control, Right Hand Management, Techstars Music and Betaworks.

Fave, founded in 2020 by a former Google employee Jacquelle Amankonah Horton, developed a social network connecting famous people or influencers with heir fans. The tool is allowing fans to connect with one another, create content and buy and sell fan-themed merchandise and artwork to one another.

The company aims to make money via advertising and by creating a marketplace for creators allowing them produce revenue and gettinga transaction fee on goods sold through the marketplace.

Fave was incubated and backed by Techstars at the beginning of 2021.