Amsterdam-based smart distribution platform VaultN announced the closure of a successful seed funding round, raising $1.6 million. The round was led by French venture capital firms PixCapital and Stockholm-based investment firm Ubit.
The funds will be strategically utilized to fuel VaultN’s expansion into new business areas, notably the 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, said:
“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:
“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, commented:
“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.”
The company was founded in 2021 and launched its platform in May 2023, used by industry players such as Bethesda, GOG, Fanatical, Gamesplanet, and others. The platform enables game key and keyless activation transactions. The company just appointed industry veterans Joe Kreiner and Quentin Staes-Polet to its advisory board a few months ago.
