Betty start-up raises $5m in seed funding
| By Zak Thomas-Akoo
Real-money gaming start-up Betty has announced that it has raised $5m from a suite of investors led by Karlani Capital.
In addition to Karlani, CEAS Investments, Courtside Ventures, Gaingels, OCA Ventures, Subversive Capital and 305 Ventures also invested in the course of the latest round of funding – which was preceded in March 2022 by $1.8m in capital raised during the company’s pre-seed stage.
According to the operator, the proceeds of the round will go towards funding the business’ operations in Ontario. In January, the Alcohol and Gaming Commission of Ontario (AGCO) issued Betty with a licence to operate in the province.