U24 Solutions raises €1 million from investors led by Thorgate Ventures and MSD Service OY.

Estonia 04 February 2021
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U24 Solutions, a Hitchin, UK and Talinn, Estonia-based VR company, announced that it secured funding of €1 million ($1.2M).

The money was raised from investors led by Thorgate Ventures and MSD Service OY.

U24 Solutions, founded in 2017 by Steve Parker and CEO Arnet Mahmastol, is a Virtual Reality games developer. The company announced that it partnered with Wehype, one of the world’s largest esports and gaming media companies that will support them in promoting Cradle of Sins. At the end of last year, the company organised a closed event where they announced the upcoming release of the VR game. During the event, notable streamers and artists such as Steve Aoki, Headhunterz, and xQc tried out the early version of Cradle of Sins (see video below).

Total investments received (USD): 1.21M
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