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Voodoo, a Paris-based mobile entertainment company founded in 2013, has made significant strides in the gaming and application development sectors. Specializing in creating mobile games and apps for a wide audience, Voodoo has established itself as a major player in the casual gaming and utility application market for smartphone users.
The company's success is evident in its impressive funding history, having raised a total of $602.43 million across various rounds. Notably, Voodoo's valuation has seen substantial growth over the years, reaching $2.31 billion in 2021 according to reports. This growth trajectory has attracted high-profile investors, including Tencent and Goldman Sachs, further solidifying Voodoo's position in the mobile gaming industry.
While there is currently no official news regarding Voodoo's IPO prospects, the company's strong financial backing and market presence in the competitive mobile gaming sector make it a company to watch. Voodoo's performance in the coming months and years may provide further insights into its potential plans for going public.
Factors that could influence any future IPO considerations for Voodoo include the overall health of the mobile gaming market, the company's continued growth and profitability, and broader economic conditions affecting the technology sector. As with any private company, potential investors should keep in mind that Voodoo's plans may evolve based on various internal and external factors.
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While Voodoo's IPO prospects remain uncertain, investors eager to explore opportunities in the mobile gaming industry don't have to wait. At Linqto, we offer members access to interests in promising private companies before they go public. Our platform provides the opportunity to invest in potential leaders in the mobile gaming and tech sectors, with lower minimum investments than traditional private equity opportunities. This allows you to potentially benefit from the growth of companies like Voodoo before they hit the public markets.
*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.