We are pleased to announce that we have closed a Series B round of financing with an investment of 1.8 million USD from Infinity Ventures as a third-party allotment. Additionally, we also announce that Mr. Akio Tanaka from Infinity Ventures and Mr. Sasa Vucinic from North Base Media will join the ZAIKO board as new members.  

ZAIKO is a platform that allows artists and fans to connect directly through electronic tickets, based on the concept of Direct to Fan (D2F model), providing services prioritizing artists and event organizers. Since March 2020, we have introduced the electronic ticket service with live streaming faster than anyone else, contributing to the hosting of over 5,000 live-streaming events, making us the industry leader. With this funding, we aim to promote new monetization methods for artists and event organizers centered around the electronic ticket platform service, in addition to live streaming services that have seen a rapid increase in demand due to the COVID-19 pandemic, while simultaneously seeking to develop new markets with an eye towards international expansion.

   

[Investor Message]

・Mr. Akio Tanaka, Infinity Ventures

“ZAIKO has started offering paid live-streaming electronic ticket services earlier than anyone else this year and has contributed to the development of the industry as a market leader. Furthermore, we are promoting a new business model, D2F, creating new changes and possibilities for artists and event organizers. The service from ZAIKO has also led to changes in user consumption behavior. I look forward to building a multifaceted service development utilizing such digital events and a new form of platform/ecosystem called D2F together.”
 

[ZAIKO CEO Message]

・ZAIKO CEO Malek Nasser

“I am very pleased that we have been able to complete our funding with the support of our wonderful partner, Infinity Ventures, who shares our vision for ZAIKO. With this funding, I hope to further develop the new markets with an eye towards international expansion, enhance resources, and advance the subscription service and the support project ‘ZAIKO Seed’ that we are currently developing.”