Media Release June 26, 2018
The Finnish location technology provider Yepzon Enterprises has received an investment from NFT Ventures. The investment opens the Bonnier media channels for Yepzon in all the Nordic countries. The investment is part of Yepzon’s ongoing public share issue on the crowdfunding platform Invesdor.
Yepzon received a similar investment from MTV in 2017 that resulted in increased visibility and business activities.The company doubled its revenue in 2017.
“The increased publicity has already brought us multiple significant corporational customers with whom we are currently in a piloting phase. The collaboration with Bonnier will now allow us to scale the success in the Nordic region, especially in Sweden and Finland. We look forward to the expertise, networks and increased international exposure provided by both parties,” says CMO and co-owner of Yepzon Heidi Rantala.
Business support beyond investment
NFT Ventures supports companies to establish and scale the businesses and maximize growth to become market leaders. In addition to the actual investment, NFT Ventures is a solid partner and a door opener in Yepzon’s continuing international growth.
“We thoroughly inspect the companies we invest in. We look for established start-ups with strong, scalable concepts and dedicated teams. We want to be part of Yepzon’s growth in the future and use our expertise to drive growth and reach new customers that will take Yepzon to the next level,” says Pär Roosvall, Partner, NFT Ventures.
Yepzon’s investment round on the crowdfunding platform Invesdor was set to close last week, but Yepzon has decided to prolong the round until July 10th.
“Extension is needed as in addition to the investment of NFT Ventures, we have several other significant news unfolding within the next 2 weeks. There are also additional investments worth over 200.000€ under negotiation where processes are taking more time than originally estimated. We of course want to enable all the investors to join our success,” says Otto Linna, Founder and CEO of Yepzon Oy.
Heidi Rantala, CMO, Yepzon Enterprises
+358 50 539 8970
Otto Linna, CEO and Founder, Yepzon Enterprises
+358 43 217 0275
Pär Roosvall, Partner, NFT Ventures
+46 73-209 43 40
Yepzon Enterprises is the developer of easy-to-use mobile location services. Founded in 2013, the company has a staff of 8 and employs approximately 100 product developers on subcontracts. Yepzon’s global, but primarily Finnish, ownership is divided between private investors operating in different sectors. The company’s headquarters are in Tampere, Finland. Yepzon Ltd., registered in London, is a subsidiary completely owned by Yepzon Enterprises. Yepzon Inc., registered in Nevada, USA, is a joint enterprise with Global Expansion Solutions. Yepzon Enterprises India Pvt. Ltd is a joint venture managed by Yepzon Enterprises in Delhi, India, jointly owned by VVDN Technologies. www.yepzon.com