Estonian company Ultra raises €10.8M

Tallinn-based Ultra has closed a €10.8M round. The round was led by Luxembourg-based multifamily NOIA Capital through its NOIA Digital Asset fund.

Founded in 2017 in Estonia, Ultra has developed a platform providing new possibilities for gamers, developers, and creators, which can be called “Netflix of Gaming”. Ultra’s interconnected ecosystem uses carbon-neutral certified blockchain technology to take control of gaming experiences. Company founders: Nicholas Gilot and David Hanson.

It is known that Ultra will use the proceeds to hire new talent, continue to expand and modernize the platform. The company also plans to continue its expansion in Europe.