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Low6 closes $5m financing round in advance of IPO

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UK sports technology company Low6 announced that it will list publicly in the US through an Initial Public Offering (IPO) after completing a funding round of $5 million.

Free-to-play developer reveals that its most recent funding round will be used for continued growth with an emphasis on the US Market.

Jamie Mitchell, Low6’s co-founder/group CEO said that 2021 had been a year of success for Low6. The conclusion of the latest funding round will enable us to continue our development in 2020.

We continued building our product and service offerings throughout 2021. This allowed us to secure new partnerships and new significant contracts. We believe that with these funds and the exciting partners we have secured we will be well positioned to achieve a successful year in 2022.

The company in the US has developed free-to play games for sports teams, betting operators and the Detroit Pistons from the National Basketball Association.

In addition to this partnership, the company became an official partner in free-to play for the NFL Cincinnati Bengals in a dual agreement with PointsBet. It also became partnered in a betting operator BlueBet’s state of Iowa.

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