Estonian Yolo Investments completes raise for €100M Fund II
Estonian venture company Yolo Investments has completed raising €100M for its flagship Fund II. The fund raised €50M of external capital and another €50M from Yolo Group. It has 23 investors. Yolo Investments announced the launch of a new fund in 2023.
Fund II has already supported 12 companies in the field of online gaming, blockchain and financial technology: crypto exchange Kraken, investment platform Syfe, fantasy sports operator ParlayPlay. The fund plans to make 10 more investments in the next 12 months.
Yolo Investments’ Fund II is registered in Guernsey (an overseas territory of the United Kingdom) as a limited liability partnership and is licensed by the Guernsey Financial Services Commission (GFSC).
Yolo Investments is a venture capital fund founded by Tim Heath in 2017 in Tallinn, Estonia. The company specializes in investments in new technologies: blockchain, decentralized finance, NFT, cryptocurrency projects.