How Much Did Nelcon Raise?
Funding & Key Investors

Nelcon has secured $817K in total funding, with its most recent capital infusion amounting to $467K from a major strategic investment. This significant backing underscores the company's current trajectory within the enterprise-level funding landscape.

What is Nelcon?

Nelcon
HospitalityGambling & Gaming

Nelcon operates an entertainment gaming platform, identified as 88AA, which offers a diverse range of betting games including lottery, sports, casino, and slot games. The platform prioritizes user convenience and aims to provide a secure and transparent environment for all transactions. With a commitment to customer satisfaction, Nelcon features a dedicated 24/7 support team, targeting a substantial user base within Vietnam. The company encourages accurate registration and responsible financial management among its players to maximize their engagement and benefits.

How much funding has Nelcon raised?

Nelcon has raised a total of $817K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$467K

Debt (2020): $350K with participation from PPP

Debt (2021): $467K led by PPP

Key Investors in Nelcon

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Nelcon?

The substantial enterprise-level funding Nelcon has attracted, particularly the recent major strategic investment, signals a phase of aggressive scaling and market expansion. This capital infusion is likely to be directed towards enhancing the platform's technological infrastructure, expanding its game portfolio, and intensifying marketing efforts to capture a larger share of the Vietnamese gaming market. Strategic partnerships and further development of user acquisition channels are anticipated as the company leverages this financial backing to solidify its position in the competitive online entertainment sector.

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Frequently Asked Questions Regarding Nelcon Financial Insights

What are the most recent funding rounds that Nelcon has completed, and what were the funding rounds?
Nelcon has recently completed 2 funding rounds: Debt on Feb 16, 2021, Debt on Apr 6, 2020.
What is the total amount of funding Nelcon has raised to date?
Nelcon has raised a total of $817K in funding to date.
How many funding rounds has Nelcon completed?
Nelcon has completed 2 funding rounds.
How much funding did Nelcon raise in its most recent funding round?
Nelcon raised $467K in its most recent funding round.
Who are the lead investors in Nelcon's latest funding round?
The lead investor in Nelcon's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Nelcon's history?
The largest funding round in Nelcon's history was $467K.
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