Exclusive: Lars Gottwik’s TRADANTS raises $1M seed funding from Sinus Ventures
FNG Exclusive… FNG has learned that financial gaming startup TRADANTS has completed a USD $1 million seed funding round lead by Sinus Ventures, a new German-based early-stage tech investor led by Thomas Waibel, who is also known for being a board member of BörseGo AG. P&S Investments, a business angel and seed investor in fintech and healthtech companies, also participated as a co-investor.
TRADANTS, established by former JFD founder and longtime CEO Lars Gottwik, aims to gamify trading and create a new industry by merging the esports, skill-gaming and online trading sectors. The company is expected to deliver financial gaming innovations at scale and will soon launch its first project.
And Mr. Gottwik has continued to bring aboard some of his old Retail FX colleagues from JFD to TRADANTS, with former JFD Head of Communications Victor Tomov joining the company as Managing Director.
Thomas Waibel, Managing Director at Sinus Ventures said:
“As a new incubator and early-stage investor, we are proud to lead TRADANTS’ seed funding round, being highly convinced in the viability of its innovative approach to trading as well as the deep startup expertise of its founding team.”
Lars Gottwik, Founder & CEO of TRADANTS added:
“We are extremely happy to have reached this important milestone and will use the acquired funds to deliver our first product prototype, undergo key hires and have our first market rollout across the DACH region and Sub-Saharan Africa. There are plenty of exciting challenges ahead, and we are working hard to realise our ambitious plans.”
TRADANTS plans to announce a new financial gaming project in late 2021.