Yolo Investments Firm Makes First Portfolio Exit With 5.8x ROI

Yolo Investments Firm Makes First Portfolio Exit With 5.8x ROI

PRESS RELEASE. Gaming venture capital firm Yolo Investments (formerly known as Vereeni Investments) exited its investment in Estonia-based online gaming and sports betting operator Coolbet for an impressive 5.8x return. The acquisition of Coolbet by GAN Limited marks the first start-to-exit investment in Yolo’s portfolio.

General Partner and Founder of Yolo Investments Tim Heath said:

The funds will be used to reinvest in Yolo’s growing investment portfolio, which spans 46 investments across four funds focused on fintech, gaming and live casino, as well as other related products and services.

Tim continued:

About Yolo Investments

Yolo Investments is a venture capital, focused on seed- and A-stage investment opportunities across gaming and fintech. Based in Estonia, Yolo’s mission is to invest in outstanding people with bright ideas, who are focused on innovating and disrupting the norm in all manner of tech startups.

Founded in 2017 by Tim Heath as Vereeni Investments, Yolo has created a thriving ecosystem with ventures across a variety of industries, including fintech, gambling, media, software development, crypto and blockchain-related companies.

Learn more about Yolo Investments – https://yolo.io

Media Contact Details

Contact Email: press@coingaming.io

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Source: news.bitcoin

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