|Initial £2.4 million investment by Cherry AB at a £10 million valuation
|About the client:
|Highlight Games creates unique virtual sports content from major European football matches under multi-year rights packages
|About the transaction:
|Cherry AB, the Nasdaq-listed online gaming operator, acquired 25 per cent of Highlight Games Limited, together with an option to acquire a further 26 percent.
Cherry’s investment is the third round of funding secured from three separate investors by Akur for Highlight Games during 2016 and 2017.
Tim Green, Chief Executive of Highlight Games said: