Provider Soft2Bet announced the launch of the Soft2Bet Invest fund, aimed at supporting entrepreneurs in the gaming industry at the initial stages of developing their business.
The fund, approved by the company’s CEO and founder Uri Poliavich, will promote the development of startups in the gaming industry. While the fund is primarily aimed at start-up companies, it will also be available to established organizations.
Investment amounts currently range from €500,000 to €1 million ($535,000 – $1.07 million), with the fund totaling €50 million ($53.5 million). Soft2Bet invited potential business partners and entrepreneurs to reserve a slot with its senior partners at the iGB Live! in Amsterdam to present your ideas.
Soft2Bet CEO & Founder, Uri Poliavich, commented: “Disruption, innovation, revolutionary, visionary — all are words frequently, sometimes appropriately, other times less so, used to describe companies working in the iGaming space. What they reveal, however, is the ambition and drive that have been characteristic of this industry since its earliest days nearly 25 years ago.”
Last week, Soft2Bet also announced a partnership with Rightlander to meet marketing requirements in key EU and North American markets. The company now hopes to develop relationships with new, smaller firms through the creation of its new investment fund.
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