Wavic

Wavic is a legitimate early-stage music tech startup based in Spain (Wavic Labz S.L.) that raised ~$160k in seed funding in 2023. However, the project submission is of extremely low quality, containing hyperbolic and demonstrably false claims (e.g., 'most people have used my product', audience is 'everyone'). While the underlying business exists and solves a valid problem for music producers (cloud collaboration), the submission fails to provide any credible internal data, relying entirely on external verification which confirms it is still in a very early/niche stage.