Costa Media has secured a €550,000 investment round from Growth Box Ventures (GBV) and Dreamworx.
The iGaming affiliate company will use this money to grow its existing assets, along with expanding into new markets in the near future.
Expansion in Latin America and beyond
Based in Malta, Costa Media operates websites in both Europe and Latin America. It has recently begun to grow its presence within Portugal, launching mistercasino.pt and oddsdeportivas.pt.
Over the next couple of months, the company plans to launch brands in Spain, Brazil and Mexico.
Gonçalo Costa, Co-Founder & CEO of Costa Media, believes the opportunities to grow lie beyond just investment. His thoughts are as follows.
“We are very excited about having GBV and Dreamworx as investors and partners. Along with the investment, their entrepreneurial background, vast industry network and strategic support will help us take the business to the next level as we grow into different markets.”
Bernardo Moreira, Co-Founder & Chief Business Officer of Costa Media, also shared his thoughts on the latest round of investment. He views the investment as an opportunity to deliver better, quicker results for operators.
“With this investment, Costa Media will be able to meet our clients’ needs quicker and at a much higher standard. The value added to our assets and audience, will position us as the go-to solution for operators entering Portuguese and Spanish speaking markets.”