GigaStar – a startup that fuels human creativity – announced the completion of an additional $3 million investment round. GigaStar provides YouTube Creators with a streamlined way to raise capital by monetizing potential future revenue.
This funding will enable the firm to accelerate efforts to scale GigaStar Market (its current primary market platform), attain its broker-dealer registration, and develop its secondary market – which is anticipated to launch by the end of the year. Plus, it will allow GigaStar to establish partnerships that will give Creators access to thousands of strategic investors in a regulated public offering process.
This latest funding round included participation from existing and new strategic investors. GigaStar investors include DVCryptoVC, Tomsic Holdings, Nameless Ventures, Belvedere Strategic Capital, and Metropolitan Capital Bank.
This follows GigaStar’s recent announcement that ex-Robinhood serial entrepreneur Victor Glava was appointed Chief Technology Officer.
KEY QUOTE:
“YouTube Creators deserve access to funding and strategic investors, just as traditional entrepreneurs do. GigaStar Market is the only investment platform focused on providing accredited and non-accredited investors access to the fast-growing $250 Billion Creator Economy via unique revenue-sharing securities. Our ability to raise funding in this environment at a higher valuation than the previous round is another testimony of the validity of our business model and market potential.”
- GigaStar CEO Hazem Dawani
