Games Distribution Platform VaultN.com Secures $1.6M In Seed Funding Round

VaultN :

[Amsterdam, Paris, May 14th 2024] – Smart distribution platform VaultN proudly announces the closure of a successful seed funding round, raising $1.6 million USD. This significant milestone was achieved with backing from a consortium led by French venture capital firms 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 utilized 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 and 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. 

About VaultN:

VaultN is a leading smart distribution platform that is transforming the digital distribution. VaultN empowers game developers, publishers, and retailers to streamline their distribution processes, maximize revenue, and enhance the gaming experience for players worldwide. The company was founded in 2021 and launched its platform in May 2023, used by industry players as Bethesda, GOG, H2 Interactive, Fanatical, Gamesplanet and others. For more information, visit vaultn.com.
 

About PixCapital: 

PixCapital is a Europe-based gaming VC fund investing across three verticals: content, infrastructure and platforms. With a native worldwide coverage, the fund focuses on capital efficient territories fostering incredibly talented teams. PixCapital is made of gaming and technology veterans actively dedicated to supporting portfolio companies in their journey and acts as a clan where access, best practices, knowledge and experience are shared to maximize collective success. For more information, please visit pixcapital.vc
 

About uBIT:   

uBIT.vc, based in Stockholm, specializes in capital investment and technical support for early-stage entrepreneurs. The firm is committed to fostering a culture of learning and excellence and targets serial entrepreneurs, those with a strong sales focus, and solo founders. uBIT.vc places a high value on founders having clear track records and clean capitalization tables and offers substantial equity stakes as part of its investment strategy. The firm has built a portfolio of over 26 companies, employing a distinctive approach that emphasizes aligned incentives and fosters entrepreneurial growth.