Billionaire Len Blavatnik investing in Israeli-founded gaming startup Tripledot
Blavatnik’s Access Industries leads $78 million series A round with Eldridge and Lightspeed at a company valuation of close to $500 million
Meir Orbach | 19:52 11.04.2021
Billionaire businessman Len Blavatnik is among the investors in Israeli-founded gaming company Tripledot Studios, which raised $78 million in its series A. The round was led by Blavatnik's Access Industries, Eldridge, and Lightspeed Venture Partners. The latest funding round values the Israeli-founded UK mobile games company at close to $500 million, three years after launch. Founded in 2017 by Israelis Lior Shiff (CEO) and Eyal Chameides (CPO), together with Norweigen Akin Babayigit (COO), Tripledot has rapidly scaled to strong profitability and has reached more than $100 million revenue run-rate as of the beginning of 2021. Tripledot has attracted an active user base of 11 million people, up from six million only six months ago, and has tripled its employee base in the last 12 months to over 90 employees.