VaultN Secures $1.6M Seed Funding for Smart Distribution Platform

Gaming Staff • May 14, 2024

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VaultN, a smart distribution platform for game key and keyless activation transactions, has successfully raised $1.6 million USD in seed funding. The round was led by French venture capital firm PixCapital and Stockholm-based investment firm Ubit. The funding will support VaultN's expansion into mobile games, gift cards, and top-up cards, as well as the continued development of its SaaS platform.

Emrah Kara, Founder and CEO of VaultN, expressed enthusiasm about the future prospects, stating that the funding is not just a financial boost but a strong vote of confidence in their vision and technology. The company aims to make VaultN the backbone of digital distribution for gaming and beyond.

Arthur de Catheu, Co-Founder of PixCapital, shared his excitement about the investment, highlighting VaultN's innovative approach to solving complex distribution challenges and the team's impressive execution. Joachim Rittfeldt Hofvenschiöld, Co-Founder of Ubit, also commented on the partnership, praising the team's vision for a smarter, more connected digital distribution ecosystem.

VaultN, founded in 2021, has already gained significant traction in the gaming industry, working with industry players such as Bethesda, GOG, H2 Interactive, and Fanatical. The company's platform streamlines and automates the distribution processes for digital goods, making it more efficient and accessible for publishers and retailers worldwide.

PixCapital is a gaming VC fund investing in content, infrastructure, and platforms, while uBIT.vc specializes in capital investment and technical support for early-stage entrepreneurs. Both firms are committed to supporting VaultN's growth and innovation in the smart distribution industry.

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 promises to bring unprecedented efficiency and reliability to digital distribution channels.

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