Amsterdam-based VaultN, a smart distribution platform for digital games, announced on Tuesday, May 14, that it has secured $1.6M (approximately €1.4M) in a seed funding round from PixCapital and Ubit.
The latest investment will accelerate the company to enter new markets, such as mobile, free-to-play (F2P), gift cards, and top-up cards, while continuing to improve its core SaaS platform.
This investment will significantly accelerate VaultN’s mission to streamline and automate the distribution processes for digital goods, making it more efficient and accessible for publishers and retailers worldwide.
VaultN: Transforming the digital distribution landscape
Founded by Emrah Kara, VaultN‘s smart distribution platform enables direct, secure, and on-demand game key transactions, helping you to grow revenue and optimise sales channel performance.
Through Vault Network’s platform publishers, distributors, or retailers can effortlessly exchange license keys and control, manage, and grow their distribution network.
The company claims to solve today’s problems for video game distribution and building an industry standard.
The investors
PixCapital is an early-stage VC fund exclusively focused on gaming. The company backs up exceptional creative founders building companies across gaming’s value chain — Content & IP; – Tech tools & enablers; – Platforms, social & ecosystem.
Arthur de Catheu, Co-Founder of PixCapital, says, “VaultN’s pioneering solutions to complex distribution challenges perfectly align with our investment strategy. We’ve been consistently impressed by their execution and are excited about VaultN’s potential to make a significant impact not just in gaming but across the entire digital distribution spectrum.”
UBIT is an investment firm that actively supports early-stage founders with capital and technical expertise. The firm has made over 20 investments in 20 different portfolio companies using this approach.
Joachim Rittfeldt Hofvenschiöld, Co-Founder of Ubit, adds, “The VaultN team’s ingenuity and determination in developing their platform have been remarkable. We’re inspired by their vision for a smarter, interconnected digital distribution network and are eager to support their growth into new and existing markets.”
Read the orginal article: https://siliconcanals.com/news/startups/amsterdam-based-vaultn-raises-1-4m/
