A startup in which Khomutynnik’s investment fund invested has become a “unicorn”

The portfolio company of the investment fund Cascade Investment Fund of Vitaly Khomutynnik Playco has become a unicorn. Mobile gaming startup Playco raised $ 100 million in a round of funding. Techcrunch writes about it.

The company says the valuation was “just over $ 1 billion”. The round was led by Josh Buckley and Sequoia Capital Global Equities with the participation of Sozo Ventures, Caffeinated Capital of Raymond Tonsing, Keisuke Honda’s KSK Angel Fund, Taizo Sona’s Mistletoe Singapore, Digital Garage, Will Smith’s Dreamers, Makers Fund and others.

The fund of Vitaly Khomutynnik Cascade Investment Fund is one of the startup’s investors.

The Playco startup is focused on creating games that can be played by launching them via a link on any platform, without downloading to the device. The startup promises to release its first games later this year. Playco currently has 75 employees. The startup is headquartered in Tokyo.

• Last fall, Vitaliy Khomutynnik, the owner of the Cascade Investment Fund, decided to invest in high-tech and fast-growing companies. He announced the creation of a separate direction Cascade Ventures, which is responsible for finding and investing in high-tech and fast-growing companies.