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Low6 completes $5m funding round ahead of IPO

| By Laura Gumbrell
UK-based sports technology firm Low6 has announced its intention to publicly list in the US via an initial public offering (IPO), while completing a $5 million funding round.
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The free-to-play game developer detailed that the most recent round of funding would be used to support its continued growth, with a particular focus on the US market.

“2021 was a successful year of growth for Low6, and the conclusion of our latest round of funding will allow us to accelerate our continued development in 2022,” commented Jamie Mitchell, co-founder and group CEO at Low6.

“Throughout 2021, we continued to build our products and service offering, enabling us to win new partners and significant new contracts. With these new funds secured, and a number of exciting new partners, we believe we are well placed to enjoy a successful 2022.”

In the US the company has partnered with sports teams and betting operators, having most recently developed a free-to-play game for the Detroit Pistons of the National Basketball Association (NBA).

Alongside that partnership the company also became the official free-to–play partner of the NFL’s Cincinnati Bengals, PointsBet and the PGA Tour in a double agreement and betting operator BlueBet in the state of Iowa.

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