Youtooz Receives Funding Package from Decathlon Capital Partners
Youtooz, an organization that’s identified for its stylized collectibles, has obtained a major funding bundle from Decathlon Capital Companions.
The brand new funds will go towards increasing distribution and launching new product strains. Youtooz presently affords licensed collectibles from a number of manufacturers together with Stranger Issues, One Piece, 5 Nights at Freddy’s, and extra.
“We’ve constructed an incredible group of creators, artists and followers who be a part of with us in turning web tradition into merchandise that folks love,” says Austin Lengthy, Founder and Chief Government Officer of Youtooz. “We’re excited to develop into new markets, make investments into improved logistics, and enhance our presence as a key participant within the licensed product business.”
“The founders of Youtooz are pushed by a imaginative and prescient, they usually have demonstrated the administration expertise to carry their imaginative and prescient to actuality,” says John Borchers, Managing Director of Decathlon Capital Companions. “Youtooz has constructed a powerful base and is effectively on its option to changing into the main firm within the licensed merchandise sector.”
The funding bundle will probably be repaid by way of future revenues and didn’t require any fairness within the firm.
Trending Merchandise