Reignite secures financing with GmbH tokens and thus builds a bridge from Web2 to Web3
Chemnitz, July 17, 2023: Reignite GmbH, an innovative start-up in the gaming segment, announces the successful completion of its financing round. This financing is not only a milestone for the company, but also a breakthrough in the way in which capital is raised for the German startup scene.
Founded in 2020, the company has managed to build up a large fan base for its platform within a very short period of time. The platform enables users, particularly in the gaming segment, to personalize their player profiles for popular games such as League of Legends, Valorant, Fortnite and more and display them in the form of digital maps. The platform already has 150,000 registered users. The platform is currently being significantly expanded to meet the increasing number of users.
”The tremendous growth and interest of users has enabled us to close a successful financing round,” explains Johannes Herbig, CEO of Reignite. ”We are pleased to have won renowned business angels, including Matthias Helfrich, Business Angel of the Year 2021 and Christoph Jentzsch. Christoph and I in particular recognized the great potential of working together at a pitch event and getting to know each other for the first time. Financing with GmbH Tokens on the Tokenize.IT platform has resulted in completely new use cases for Reignite.”
“Reignite has achieved a wonderful mission and impressive growth in a very short period of time. I am delighted to be involved as an investor. I am particularly pleased that the GmbH token from Tokenize.it was used here. This not only made this financing round easier, my investment process only needed a few clicks. It also provides the opportunity to involve employees and, in future, the community. I'm really excited to see where the journey is going.” Says Christoph Jentzsch.
The financing round was processed in part via the new Tokenize.it platform. The innovative method of corporate financing via tokens not only enables Reignite to raise new capital, but also offers an alternative solution for employee participation and the subsequent incentive of power users.
With the current financing round and the strong network of invested business angels, Reignite is facing a promising future. The company is growing exponentially. The six-person team plans to use the financial resources to further scale the business, expand the team and, in particular, accelerate technological development.
About Reignite
Reignite Is an innovative mobile app that is changing the online gaming landscape. With the app, player profiles, stories, hobbies and interests can be transformed into dynamic digital maps that are as unique as the players themselves. By connecting the established Web2 community with the emerging Web3 ecosystem, Reignite enriches the gaming experience and provides players, developers, guilds, and companies with greater value. In the future, the app should provide long-term protection for gaming accounts and the associated digital content.
