However, with some fresh funding injected into our account last week, we've secured approximately $700k over the last 18 months for both ourselves and our portfolio companies. It's a sentiment every startup founder is currently experiencing. #mobilegaming #venturecapital #commerciallaw #seriesfunding #unlimitedpartnership #heretohelpĬlosing Round! - What a market it has been…Īmplitude Ventures AS has navigated a round in this extraordinarily tumultuous investor market, which has been remarkably difficult. We’ve been through an unbelievable amount together in the last six plus years and it’s an honour to support them, to count them as true friends and just to regularly be in their orbit as Tripledot goes from strength to strength.”Īll of us at Fladgate are committed to assisting Tripledot Studios in all that it wishes to achieve. Howard commented: “It is immensely rewarding to support not just this absolute rocket ship of a company, but also such incredible founders in Lior Shiff, Akin Babayigit and Eyal Chameides. It makes such a big difference to have such a trusted adviser (and honestly an incredible friend) by your side.” He is ridiculously smart, exceptionally savvy, super personable, extremely punctual and very commercially minded. Simply put, he is the best legal professional we have had the chance to work with. The company’s upwards trajectory became even more pronounced when that round was followed less than a year later by a whopping $116m Series B in February 2022 – a round which valued the company at $1.4 billion and was led by 20VC ( Harry Stebbings).Īlongside the fundraisings, Tripledot recently called upon Fladgate’s tier 1 expertise in M&A for its cross-border acquisition of mobile entertainment firm Live Play Mobile Inc., and regularly works with our specialists in IP, data protection, commercial contracts and employment as it continues its remarkable journey.Īkin Babayigit, Co-founder and Chief Operating Officer of Tripledot commented (in feedback we couldn’t be prouder to receive) “I can’t put into words how much we owe Howard and the team at Fladgate. Ever since our inception, we have been working extremely closely with Howard, and we owe him so much. From there, Tripledot raised an eye-watering $68m in a Series A funding round led by Access Industries, Eldridge Industries and Lightspeed Venture Partners in April 2021. Howard Watt, partner in our corporate team, has advised Tripledot since incorporation in 2016, helping the founders set up the capital structure ahead of their first fundraising in November 2018 – an $8m seed round led by Velo Partners. The mobile gaming company recently boasted over 50 million monthly active users, generating approximately $1m of revenue per day.

We were bursting with pride to see our client Tripledot Studios named the number one fastest growing company in Europe by the Financial Times – #startups #technology #entrepreneurship #music Our team at LOI Venture couldn’t be more proud to be part of backing their journey. Holdr then tackles the challenge of fragmented fan engagement by providing a central platform for artists to aggregate their careers and connect with their communities.Īneesh and Buk are building a platform that champions inclusivity in the music industry, ensuring every artist can access resources and opportunities, leveling the playing field regardless of one’s background. Holdr empowers artists to unlock the full potential of their fanbases, offering a sustainable revenue stream that allows artist’s to partner with their top fans, all without sacrificing any ownership of their music and future. More technically speaking, it's solving a high demand problem in the world of music through simple software tools. We're thrilled to announce LOI Venture has placed an investment in Holdr founded by Aneesh Varshney and Buk Nkosi 🎶👏Īs cofounder Aneesh Varshney puts it: “Holdr is the ultimate modernized fan club, where artists fuel their careers and fans get front-row seats to their favourite artists.”

Seventeen debut debt