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Melon Raises $5M in Seed Funding

Melon, a US development studio for the metaverse, raised $5M in seed funding.

Backers included:

Crush Ventures (the investment arm of Crush Music whose clients include Miley Cyrus, Sia, Green Day, Lorde, Weezer, Panic! at the Disco, and Fall Out Boy)
Gaingels (LGBTQIA+/Allies VC syndicate)
Tucker Roberts at Comcast Spectacor (a gaming and entertainment company connected to Comcast NBCUniversal)
a large SPV led by Matt Finick (former CFO at Roblox and at Marvel Entertainment), now a MELON board member
Paul Yook (health tech investor)
Deborah Dugan (former CEO of Product (RED) and the Recording Academy of Music)
Spencer Baim (former CCO of VICE Media)
Jason Ve (88rising)
Gene Salomon (partner at leading entertainment law firm Gang, Tyre, Ramer, Brown & Passman)

Led by Josh Neuman and Devon Thome, Melon is creating original game properties and building some of the most innovative experiences across sports, music, film/TV, fashion and brands on the Roblox platform and beyond. The studio’s partnerships with major music labels and consumer product IP have gathered and engaged hundreds of millions of visits around the world.