The entertainment agency has formed a startup services and investment unit called Arrive and has plans to establish a formal venture capital arm in future.
Roc Nation, the US-based entertainment services provider founded by entertainer Shawn ‘Jay-Z’ Carter, has launched a platform called Arrive that will supply funding and assistance to startups.
Arrive will provide advice, brand services and business development help to early-stage companies. It plans to also launch its own corporate venturing fund to back portfolio companies as they grow.
Venture capital firm Primary Venture Partners has been appointed venture advisor to the initiative, and institutional and operational support will come from GlassBridge…
