YOLO Investments Completes Raise for €100M Fund II
Yolo Investments has closed fundraising for its flagship Fund II after hitting its €100 million target. The fund comprises €50 million in external capital, as well as a €50 million commitment from Yolo Group. It brings together a network of 23 investors, including founders and industry thought leaders, further strengthening the Yolo Investments ecosystem and …
Yolo Investments has closed fundraising for its flagship Fund II after hitting its €100 million target.
The fund comprises €50 million in external capital, as well as a €50 million commitment from Yolo Group.
It brings together a network of 23 investors, including founders and industry thought leaders, further strengthening the Yolo Investments ecosystem and enhancing the strategic value it can offer portfolio companies.
Fund II has already backed 12 companies across igaming, blockchain and fintech, with notable investments including Dabble, Kraken and Syfe. It expects to make a further 10 investments over the next 12 months.
Tim Heath, GP at Yolo Investments, said: “We’re absolutely thrilled to be closing our raise for Fund II having hit our target. This took place during challenging market conditions, with global VC fundraising facing significant more headwinds compared with previous vintages. But investors have looked at our previous funds’ track record and the strength of our ecosystem, and have strongly backed us.
“We are humbled by that response as a real vote of confidence, not just in what we’ve built so far, but in where we’re heading next. We will continue to back more brilliant founders and help them scale faster, smarter and with the full power of the Yolo ecosystem behind them.”
Yolo Investments’ Fund II is structured as a Guernsey-registered limited partnership, and is licensed by the Guernsey Financial Services Commission (GFSC).
Meet the 12 companies Fund II has invested in so far…
Dabble: leading social betting operator
Forever Network: social-first sports media company
Boomfi: crypto-fiat payments gateway
Coinmena: digital assets exchange
Pave: digital assets-friendly programmable banking
ParlayPlay: fantasy sports operator
Mesh: open banking infra for the crypto industry
Coverd: gamified personal finance platform
Kraken: top-tier crypto exchange and leader in euro trading volume
Syfe: investment platform offering managed portfolios, brokerage and cash management
Meld: crypto ramp aggregator
Digitt: credit card refinancing platform
About Yolo Investments
Yolo Investments is a fund manager investing in truly outstanding people with bright ideas, who are innovating and disrupting the norm in igaming, fintech & crypto. To find out more, please visit: yolo.io
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Retail Investors Can Short AI-Related Debt? High-Leverage CDS ETF Launches, but Analysts Remain Skeptical
Two institutions plan to launch leveraged ETFs tied to CDS of AI companies, betting on credit defaults; Oracle's CDS volume has surged from $8.7 billion to $47.6 billion this year.
Wall Street is divided over Nvidia (NVDA.US): Some see a "once-in-a-lifetime buying opportunity," while others worry about Huang Renxun being "irreplaceable."
Nvidia's (NVDA.US) forward P/E ratio has fallen below 10x—a valuation typical for companies in structural decline, now seen at a firm widely regarded as the "core of the AI revolution."
Global banks commit $270M to stablecoin venture targeting 2027 launch
The "Quantum Computing" Halo Can't Offset Fundamentals Growth Disappointment! Rigetti (RGTI.US) Fell Over 9% After Hours; Fidelity Meets Standards but Revenue Misses Expectations by 60%
This technology company focused on quantum computing has achieved its technical milestones, but its revenue falls far short of market consensus expectations. It has encountered significant setbacks in revenue, losses, and order acceptance progress, causing its stock price to drop by over 9% in after-hours trading on the US stock market.
Crypto prices
More
