Estonia-based venture capital firm Yolo Investments has reached its investment target, announcing the completion of a €100m raise for its flagship Fund II. The group specialises in Series A investments in gaming, fintech and cryptocurrencies. Its mission is to invest in truly innovative technology startups.
With a total portfolio of over 150 investments and AUM reaching €700m, it is currently making a global placement from a €100m regulated fund with a ticket size of €5m, an achievement that further strengthens the Yolo Investments ecosystem and enhances the strategic value it can offer to portfolio companies.
A further 10 investments are in the pipeline
Fund II managed to raise €50m of external capital as well as €50m from Yolo Group. Its network of 23 investors comprises company founders and industry leaders. The fund has already backed 12 companies from the gambling, blockchain and fintech sectors, including successful projects such as Dabble, Syfe and Kraken. Plans for the year include 10 more investments.
Yolo Investments General Partner Tim Heath (pictured) is delighted to have achieved the target for Fund II. ‘It came in a challenging market environment, with global venture capital funds facing much stronger headwinds than in previous periods. But investors appreciated the track record of previous funds and the strength of the ecosystem and strongly backed us,’ Heath explains.
This Yolo Investments fund holds a Guernsey Financial Services Commission (GFSC) license and is structured as a Guernsey-registered limited liability partnership.
How payment difficulties became an opportunity for Yolo Investments
Gambling and fintech, the group’s key areas of investment, share a similar nature. Speaking about the group’s strategy in an interview with SBC News, Yolo Investments CMO, Mark Robinson, noted that global financial moves by iGaming companies are more challenging than they should be. Robinson’s team has taken this challenge as an opportunity to grow, investing in innovations that make it easier to transfer funds globally.
At the same time, the company is constantly optimising payments for its global projects. ‘If something works, we are happy to implement it in our portfolio and gaming companies. A lot of our investments focus on the gaming business. Global operators want to move fiat and cryptocurrency funds and are experiencing the same difficulties and challenges as we are,’ Robinson concludes.
According to Robinson, gambling and cryptocurrencies are often less favoured by traditional banks. However, global operators need to manage different currencies, each requiring its appropriate banking partners. Here, fintech comes into play, which is why Yolo Investments is focusing on it. Fintech startups can use new technologies to move funds instantly around the world and settle in the appropriate local currencies.
This article was first published in Russian on 19 June 2025.
