# DirectPhotonics Industries

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/directphotonics-industries

- Industry: Electronics
- Headquarters: Berlin, Germany
- Website: www.directphotonics.com
- Total disclosed funding: $4.4M
- Latest round: Series B (Sep 11, 2013)
- Investors on record: 5

## About

DirectPhotonics Industries specializes in innovative online gambling solutions, providing diverse gaming experiences tailored to user preferences, including online slots, sports betting, and poker.Established in 2011, DirectPhotonics Industries operates out of Berlin, Germany, focusing on online gambling services. The firm has executed a total of three deals, with the most recent deal occurring on June 19, 2015. In this round, the company raised EUR 3.3 mn in a GROWTH funding round with investors like DEWB, Falk Strascheg Holding GmbH, and IBB Beteiligungsgesellschaft, totaling EUR 3.3 mn raised to date with a current valuation of EUR 23.215 mn.The core offerings of DirectPhotonics Industries primarily revolve around online gambling services, which include various forms of digital gaming such as online slots, sports betting, online casinos, poker, and lottery games (togel). These products utilize advanced technologies, including Random Number Generators (RNG), to ensure fair play and random outcomes, catering to a diverse clientele that seeks entertainment while aiming for monetary gain. Each service is designed to address specific user needs, such as providing accessible gaming experiences via digital platforms, appealing to both casual players and serious gamblers across various demographics. The company's market extends into several geographical regions, particularly focusing on Asia, with a strong emphasis on Indonesia, where online gambling has gained significant traction among users. Customers include individual players seeking both recreational and lucrative gaming experiences, highlighting the wide appeal of their product offerings.The company's revenue generation is primarily driven through transactional activities related to its online gambling services. Customers engage with the platform by placing bets or playing games, with a typical transaction structure based on a pay-per-play model. Users may deposit funds into their accounts to access various games, with revenue derived from the stakes placed on these games. The pricing strategy encompasses a variety of options based on game type, allowing for flexible engagement models that include per-game wagers or ongoing betting across sporting events. The company's revenue streams are bolstered by the high volume of transactions facilitated on its platform, driven by a loyal customer base engaged in regular gaming activities. The flagship offerings, encompassing popular games like online slots and poker, contribute significantly to the overall financial performance of the business.Looking ahead, DirectPhotonics Industries is planning to launch new products designed to enhance user engagement and expand its game offerings. The company aims to penetrate new markets in Southeast Asia, with specific strategies targeting expansion into Thailand and Vietnam by the end of 2024. The EUR 3.3 mn raised in the GROWTH funding round will be allocated to support these initiatives, focusing on product development and market entry strategies.

## Funding rounds

- Series B, Sep 11, 2013, $4.4M — DEWB, Falk Strascheg Holding GmbH, VC Fonds Technologie Berlin
- Seed, Jun 1, 2011 — Extorel, IBB Ventures, Falk Strascheg Holding GmbH

## Investors

- Extorel — Seed
- IBB Ventures (https://capitalatlas.ai/funds/ibb-ventures) — Seed
- Falk Strascheg Holding GmbH — Seed, Series B
- DEWB (https://capitalatlas.ai/funds/dewb) — Series B
- VC Fonds Technologie Berlin — Series B