Yolo Investments has launched a new sub-fund focused on seed-stage and A-stage investments in the gaming and fintech sectors. With a portfolio of high-growth companies in gaming and fintech, Yolo Investments aims to build specialized sub-funds that specifically target these industries. The fund has over €200 million in assets under management (AUM) and is actively seeking disruptive businesses to invest in. Yolo Investments currently manages assets across more than 50 companies.
Yolo Investments has taken over the assets and holdings of Vereeni Investments, continuing its work over the past few years. Previous investments include casino content studios OneTouch and Green Jade Games, fintech companies coins.io, Credis Bank, and Yeahka, and the new live casino concept, the Bombay Club.
The team at Yolo Investments includes Tim Heath, the general partner, who previously served as the CEO of Coingaming Group. Co-founders Julian Buhagiar and Steve Tsao, as well as Ragnar Toompere, will also serve as general partners. The fund’s management board includes Maarja Pärt, the COO of Coingaming Group, and Jaan Lainurm, the group’s CIO.
Yolo Investments recently achieved its first successful exit with a 6x return on its investment in Coolbet, an Estonia-based gaming operator. Coolbet was acquired by GAN for $175.9 million in cash and stock in December.
