The idle game developer hopes to spark a broader gaming industry in Estonia
Venture Capital fund Play Ventures has announced a $1.2 million Seed Investment into Estonian mobile game developer Clickworks games. The investment also includes participation from angel investor Joakim Achrén, founder of video game development company Elite Game Developers.
This development makes Clickworks the first Estonian mobile game studio to ever secure money from investors. Clickworks intends to use this investment to focus on developing more idle games. According to a press release from Play Ventures, idle games accounted for 20% of the Arcade category’s in-app purchases revenue in 2020, despite accounting for only 11% of the category’s annual downloads.
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The company is inspired by the Government’s vision of providing holistic nutrition to Indians under its POSHAN Abhiyaan.
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TruNativ is a D2C business that sells its products through its website and other e-commerce portals.
NEW DELHI: 9Unicorns has recently led the seed funding round in TruNativ, a “smart nutrition” company dedicated to empowering health and fitness enthusiasts with affordable and healthy food abd beverage options.
In a market where processed and unhealthy food products have become so common, TruNativ aims to create more transparent, nutritionally balanced, and healthy alternatives for people who care about nature and health. Other co-investors include Ashutosh Valani and Priyank Shah, co-founder, Beardo, Anshul Punhani, Ex-CMO, Monster and Vikas Bagaria, Founder, Peesafe.
Taavet Hinrikus, the first employee of Skype and co-founder of fintech giant Wise (formerly TransferWise), is teaming up with Teleport co-founder and current Topia CPO Sten Tamkivi to create a new investment vehicle. Both are already seasoned investors Hinrikus is one of Europe's bona fide super angels, with over 100 investments to his name and have already done a number of tickets together. The new as yet unnamed venture will see the pair’s investment activities formalised as an equal partnership and be supported by a team of six people based in Estonia, including an investment analyst.
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PDF), two of four goals identified in the 2015–25 Strategic Plan (
PDF), updated in December 2020.
Previously called the Hoku Scientific Microloan Fund, the program is made possible by a generous gift from Dustin Shindo, the co-founder of Hoku Scientific. The microloan program was revamped into an equity investment fund and named in honor of Calvin Shindo, Dustin’s father. Investments up to $5,000 are available per venture. A total of $25,000 per year will be awarded, with $133,000 available to be invested by the seed investment fund. Applications will be accepted beginning in April 2021.
“We are so pleased to have Dustin’s support to develop such an impactful, learning experience for our students,” said