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Yolo Investments launches Fund III targeting US$250 million

Funding

Yolo Investments launched its third fund for fintech, crypto and gaming businesses after receiving authorisation in Abu Dhabi, according to the report. The fund aims to raise US$250 million and invest in Series A–C rounds, with a global mandate focused on the Middle East and North Africa. Deployment is due to start after the first close; subscription documents are being finalised.

The fund’s planned raise and investment mandate could provide capital to gaming businesses in its target sectors and regions.

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Funding

OHID awards gambling harms groups more than £9.4m in UK funding

The Office for Health Improvement and Disparities awarded more than £9.4m to gambling harms organisations in the UK, according to a report. Recipients include Gambling with Lives, Gamban, GamLearn, Chapter One and Beacon Counselling Trust; the funding page puts total provision through 2028 at £39.7m.

The Office for Health Improvement and Disparities (OHID) has awarded more than £9.4m to gambling harms groups, following legal challenges to earlier funding decisions, according to the report.

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