The holding company of the venture fund Leta Capital – 365Scores – was bought for $160 million Alexander Chachava, founder and managing partner of the fund, announced it on his Facebook page*.
An online service with broadcasts of sports matches, statistics and sports news 365Scores was acquired by the British company Entain, specialized in sports betting and betting.
Leta Capital became an investor in 365Scores in 2014, when, along with other funds and business angels, the company invested $5.5 million.
365Scores is based in London. According to Crunchbase, the company has raised investment twice. The first round took place in 2013, the company raised $1.2 million, so the total amount of funds raised by 365Scores is $6.7 million.
RB.RU turned to Leta Capital’s press service for additional comment.
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anastasia mariana
Source: RB
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