Young Platform announces its €16m Series B
June 13th, 2022
Another great milestone for our portfolio company Young Platform as it raises a €16 million Series B round led by Azimut, one of the leading independent asset managers in Europe, to simplify the access to the world of cryptocurrencies
The funding will support Young’s development plans, starting with the consolidation of the team with the best talent from technology and finance, and the geographic expansion into new markets such as Spain and France.
United Ventures is proud to be on board with Young since the early stage of the company, and to continue to support their mission to build an ecosystem of products that cover the needs of all crypto customers, aimed at making the crypto-industry fair and meaningful for everyone.
Well done Andrea Ferrero and team!
UV2’s investment in Young Platform is also supported by the European Investment Fund through InnovFin Equity, with financial backing from the European Union under the financial instruments of Horizon 2020 and the European Fund for Strategic Investments (“EFSI”) established under the Investment Plan for Europe. The purpose of EFSI is to support the financing and implementation of productive investments in the European Union and ensure greater access to finance.