Music Week talked about how UK Band The Orange Lights is getting funding from the Ingenious Music VCT. Ingenious is a venture capital company that has worked/is working with Travis, David Ford, Ulrich Schnauss, Blackbud, and Embrace (all four through the Independiente record label). In addition, they’re supporting Indiana Gregg, Prodigy, Passenger, Peter Gabriel and UB40 among others.
So, are they producing results? I mean, they’re literally pouring millions of dollars into these established and unknown music artists. You can check their progress report here.