Music Tech Company Larrosa Launches In Dubai

Spain-born finance and tech-centric music company Larrosa has opened new headquarters in Dubai, with a “strategic roadmap for MENA expansion through innovation and targeted acquisitions.”

The details:

• The company will operate under the name Larrosa MusicTech & Capital.

• The subsidiary will manage Larrosa’s combined portfolio of music and tech assets valued at over $16 million.

• As per Music Business Worldwide, the Dubai HQ will serve as Larrosa’s “operations and partnership hub for the broader Middle East, North Africa and Asia [MENA] markets.”

• The company is in talks with investment funds in the UAE looking to invest in innovative projects at the crossroads of technology and music.

Catalog acquisition:

• In 2023, Larrosa raised $16 million to acquire catalogs and distribute advances to artists, with a focus on Spanish-speaking creators.

• It has also formed an alliance with Bell Partners to acquire independent music companies and catalogs.

• Having already “carried out several operations with Asian catalogs,” Larrosa is also looking at the North African market.

• Its focus, however, remains on the investment and technology possibilities in the Middle East.

What they said:

• Founder & CEO Cristian Larrosa: “The rapid evolution of the music-tech ecosystem [in Dubai] offers unique possibilities. We’re especially interested in partnering with companies focused on music tech innovations, catalog acquisition platforms, AI-driven tools and fan-engagement solutions.”