VaultN Announce the Successful Closure of $1.6M in Seed Funding Round

Smart distribution platform VaultN proudly announces the closure of a successful seed funding round, raising $1.6 million USD.

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This significant milestone was achieved with backing from a consortium led by French venture capital firm PixCapital and Stockholm-based investment firm Ubit, marking a promising milestone in the platform's ambitious journey.

The platform enables game key and keyless activation transactions and works with industry players as Bethesda, GOG, Fanatical, H2 Interactive, just to name a few.

The funds will be strategically utilised to fuel VaultN’s expansion into new business areas, notably distribution of mobile games, gift cards and top-up cards, and to continue the technical evolution of its SaaS platform, vaultn.com.

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.

Emrah Kara, Founder & CEO of Vaultn.com, expressed enthusiasm about the future prospects:

"This seed funding is not just a financial boost but a strong vote of confidence in our vision and the technology we are developing - our goal is to make VaultN the backbone of digital distribution for gaming and beyond."

"With the support of our very valuable investors, we are now better positioned to expand our reach and enhance our platform to meet the dynamic needs of the industry."

Arthur de Catheu, Co-Founder of PixCapital, shared his excitement about the investment:

"We are thrilled to partner with VaultN in their journey to redefine digital distribution. VaultN’s innovative approach to solving complex distribution challenges aligns perfectly with our investment thesis."

"We’ve been impressed with the team’s execution at every step, and we see immense potential in VaultN to make a significant impact on the digital gaming landscape and beyond."

Joachim Rittfeldt Hofvenschiöld, Co-Founder of Ubit, also commented on the partnership:

"The team at VaultN has demonstrated remarkable ingenuity and drive in developing their platform."

"We are impressed by their vision for a smarter, more connected digital distribution ecosystem and are excited to support their growth and development in this and new markets."

This round of seed funding marks a pivotal moment for VaultN as it sets its sights on expanding its services and solidifying its position as a leader in the smart distribution industry.

With the backing of PixCapital and Ubit, VaultN is poised for rapid growth and innovation, promising to bring unprecedented efficiency and reliability to digital distribution channels.

http://www.vaultn.com