NEWS RELEASE. Video gaming financial backing company Yolo Investments (previously called Vereeni Investments) left its financial investment in Estonia-based on-line video gaming and also sporting activities wagering driver Coolbet for an excellent 5.8 x return. The purchase of Coolbet by GAN Limited notes the very first start-to-exit financial investment in Yolo’s profile.
General Companion and also Creator of Yolo Investments Tim Health claimed:
” This is an extremely considerable landmark for everyone at Yolo. It makes us specifically happy to have actually been the very early financiers for Coolbet, when we began Vereeni Investments in 2017.”
The funds will certainly be made use of to reinvest in Yolo’s expanding financial investment profile, which extends 46 financial investments throughout 4 funds concentrated on fintech, video gaming and also live casino site, in addition to various other relevant services and products.
” We want all the very best for Coolbet as it takes points to brand-new elevations with GAN, and also anticipate attaining comparable outcomes with the remainder of our profile, of which several are raising considerably in appraisal.”
Regarding Yolo Investments
Yolo Investments is an equity capital, concentrated on seed- and also A-stage financial investment chances throughout video gaming and also fintech. Based in Estonia, Yolo’s objective is to invest in impressive individuals with brilliant concepts, that are concentrated on introducing and also interfering with the standard in all fashion of technology start-ups.
Established In 2017 by Tim Health as Vereeni Investments, Yolo has actually produced a prospering environment with endeavors throughout a selection of markets, consisting of fintech, gaming, media, software application growth, crypto and also blockchain-related business.
Discover More concerning Yolo Investments– https://yolo.io
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