This round of financing was led by Practica Capital, a venture capital fund based in Lithuania, which, together with the US investment fund FJ Labs, the largest investor of the first stage, InReach Ventures and Motieka Investment Fund, will contribute to the faster growth of the platform.

According to Vytis Uogintas, head of Eneba, the goal of the second investment round is to accelerate growth in the main European markets – Spain, France, Germany, Poland, and Great Britain. The US, the world’s largest game trading market, is also in the plans of Eneba for expansion.

“After the first investment round, Eneba’s indicators have increased almost 10 times in the largest European countries, but we still see huge growth potential. We also started our activities in the USA and saw many opportunities to grow Eneba’s driver base located there,” said V. Uogintas. In its two years of operation, the startup has surpassed 2 million users per month. Spain has the largest market share, with almost a fifth of all consumers. Users from the US currently make up 10 percent of the customer base.

The plans include not only the development of a digital game marketplace in new regions but also the launch of physical game sales. According to Eneba co-founder Žygimantas Mikšta, the team is currently actively working on the development of a new system that will allow users to not only buy but also easily sell their physical games and gaming computers.

The startup has more than 90 employees, and this number will grow even more. “Shortly, we plan to double the number of our employees,” said V. Uogintas.