At What Valuation Did Gameye Raise $1.6M?

Dutch gaming startup Gameye just raised $1.6 million (€1.4 million) from Seedcamp and others.

This actually means that, based on comparable deals, Gameye sold an estimated 20% equity stake in their company to Seedcamp for $1.6 million.

This in turn means that Gameye is valued priced at $1.6 million / 20% = $8 million (€7 million) post-money.

Price startup = price deal / equity stake sold

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