# New Valence Robotics Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/new-valence-robotics

- Industry: Industrial Machinery
- Headquarters: Boston, US
- Website: www.nvbots.com
- Total disclosed funding: $2M
- Latest round: Series A (Aug 18, 2016)
- Investors on record: 3

## About

New Valence Robotics Corporation focuses on developing innovative online casino platforms that enable immediate withdrawals and offer a diverse range of gaming options for players.Founded in 2013, New Valence Robotics Corporation operates from Boston, US, providing advanced online casino solutions. The company has completed a total of 3 deals, with its most recent deal occurring on August 18, 2016. In that round, the company raised USD 1.00 mn in Seed funding, fully accounting for the total amount they have raised to date.Nvbots.com specializes in providing a range of online casino platforms that operate without AAMS (Agenzia delle Dogane e dei Monopoli) licensing, focusing on immediate withdrawal features. Their primary offerings include a selection of online casinos that allow players to deposit funds, engage in a variety of games including slots, table games, and live dealer games, and withdraw winnings almost instantaneously. These platforms are designed to enhance the gaming experience by reducing wait times for withdrawals, a common pain point for online gamblers. The target customer base includes players seeking efficient payment solutions and a broader selection of game options compared to traditional AAMS-regulated casinos. These services are marketed primarily to users in European markets, where the licensing regulations differ and allow for faster transaction processes.The revenue model of Nvbots.com is primarily transaction-based, deriving income from the online gaming activities that occur on its platforms. Players typically engage with the casinos by making deposits to access various games and potentially earning winnings that can be withdrawn almost immediately. The company structures its transactions through a combination of direct customer payments for gaming access and revenue-sharing agreements with game providers or affiliate marketing partnerships. Each transaction can involve various payment methods, including credit cards, e-wallets, and cryptocurrencies, which facilitate quick deposits and withdrawals, contributing to user satisfaction and retention. Specific details of pricing plans for games and bonuses offered are tailored to enhance player engagement, although these details are not publicly disclosed.Following the successful Seed funding round in August 2016, New Valence Robotics Corporation plans to utilize the capital to enhance its product offerings and expand its market reach. The company is working on developing new features for its online casino platforms, aiming for release in the near future. Additionally, there are plans to target new geographic markets in Europe, capitalizing on the differing regulatory landscapes to offer efficient gaming solutions. The funding will help support these initiatives, paving the way for potential growth in customer acquisition and engagement.

## Funding rounds

- Series A, Aug 18, 2016 — Woodman Asset Management
- Seed, Feb 10, 2015, $2M — CRCM, Bantam Group

## Investors

- CRCM (https://capitalatlas.ai/funds/crcm) — Seed
- Bantam Group — Seed
- Woodman Asset Management (https://capitalatlas.ai/funds/woodman-asset-management) — Series A