Nuwa Capital concludes first close of its flagship fund reporters@khaleejtimes.com Filed on February 17, 2021
New fund seeks to bring founders and investors closer together after founding partners identified a gap in the region’s investment ecosystem that left many startups wanting for more
Dubai and Riyadh-based Nuwa Capital, a venture capital firm, has announced the first close of its flagship fund Nuwa Ventures Fund I (NVFI), having raised three-quarters of its $100 million target in less than a year since its launch.
The fund primarily targets rapidly growing markets in Mena and neighbouring geographies, including Turkey, Pakistan, and Sub-Saharan Africa.
Potsdamer Immobilienmarkt: Von Spekulanten gelinkt? - Potsdam
pnn.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pnn.de Daily Mail and Mail on Sunday newspapers.
Mahalla - neue Kunstfabrik entsteht in Oberschöneweide
rbb24.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rbb24.de Daily Mail and Mail on Sunday newspapers.
15th February 2021
| By Conor Mulheir
Yolo Investments, a fund launched by Coingaming founder Tim Heath, has launched a new gaming and fintech sub-fun, and is searching for investment opportunities in these areas.
Yolo’s new sub-fund is focused on seed-stage and A-stage investment opportunities in the gaming and fintech spaces.
“We have already assembled a diverse portfolio of high-growth companies across gaming and fintech and are now looking to build specialised sub-funds to specifically focus on these verticals,” Tim Heath, general partner of Yolo Investments, said.
“As well as capital, we are now in a position to provide significant upside to our investments via our network. With more than €200 million AUM, we are actively searching for disruptive businesses to which we can add value and open for investment from Limited Partners.”
Tim Heath launches gaming focused fund via Yolo Investments Share
Tim Heath’s
Yolo Investments venture-capital fund has launched a sub-fund focused on the gaming and financial technology sectors.
The newly established sub-fund will search for seed and A-stage opportunities across the gaming and fintech industries.
Prior to launching the sub-fund, Yolo has already made investments in casino content studios
OneTouch and
coins.io,
Furthermore, the fund has announced its first successful exit, gaining a six-fold return on its investment in
Coolbet, the Estonia-based gaming operator which was acquired by GAN Limited in December.
“These new sub-funds in Yolo Investments will continue the fantastic work of Vereeni Investments over the last couple of years,” said Heath