funding round

Australian esports organisation ORDER raises $5.3m and appoints new CEO

Source Node: https://esportsinsider.com/2021/04/australian-esports-organisation-order-raises-5-3m-and-appoints-new-ceo/?utm_source=rss&utm_medium=rss&utm_campaign=australian-esports-organisation-order-raises-5-3m-and-appoints-new-ceo
Time Stamp: April 20, 2021 8:30 AM - Modified On: April 20, 2021 - Published By:
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Australian esports organisation ORDER has raised AUD$5.3m (~£2.94m) from its latest funding round, with Jason Peterson, Managing Director of CPS Capital, and Gemelli Group Chairman Harry Karelis announced as investors.  Karelis has been appointed to ORDER’s board as a Director as a result of the investment.  Pictured: Gerard Murphy (left) and Harry Karelis (right). Image credit: ORDER RELATED: inSTREAMLY raises €1.1m, plans expansion into new markets According to the release, this is the largest private capital raise for an Australian and New Zealand esports organisation.  Gerard Murphy, ORDER’s Chairman, commented:

EXCEL ESPORTS secures Sony smartphone partnership

Source Node: https://esportsinsider.com/2021/04/excel-esports-secures-sony-smartphone-partnership/?utm_source=rss&utm_medium=rss&utm_campaign=excel-esports-secures-sony-smartphone-partnership
Time Stamp: April 19, 2021 11:09 AM - Modified On: April 19, 2021 - Published By:
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British organisation EXCEL ESPORTS has named Sony as the official smartphone supplier for its Fortnite division.  The partnership sees Sony work closely with EXCEL’s Fortnite player Jaden ‘Wolfiez’ Ashman to showcase the Japanese firm’s Xperia smartphones. Photo credit: EXCEL Esports RELATED: Epic Games closes $1bn funding round led by Sony In addition, EXCEL and Sony will collaborate on educational content pieces and host giveaways. Matt Beavis, UK Head of PR, Social and Partnerships at Sony’s mobile business, commented: “We have a very targeted approach to marketing on the mobile side

Ole Gunnar Solskjær joins ULTI Agency, OverActive Media raises $40m | ESI Digest #38

Source Node: https://esportsinsider.com/2021/04/ole-gunnar-solskjaer-joins-ulti-agency-overactive-media-raises-40m-esi-digest-38/?utm_source=rss&utm_medium=rss&utm_campaign=ole-gunnar-solskjaer-joins-ulti-agency-overactive-media-raises-40m-esi-digest-38
Time Stamp: April 16, 2021 11:50 AM - Modified On: April 16, 2021 - Published By:
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Each week, ESI Digest breaks down the weekly happenings in the esports industry, making sense of things so you don’t have to. As well as being housed on YouTube, ESI Digest is available on all major podcast platforms and is also available in written form below. On this week’s ESI Digest we cover, Ole Gunnar Solskjær and Jim Solbakken becoming owners of ULTI Agency, OverActive Media’s $40m investment, Enthusiast Gaming looking to list shares on NASDAQ, Epic Games raising $1bn, and the University of Kentucky (UK) joining forces with Gen.G to launch an

DWG KIA Partners With Digital Marketing Company CUE Cultural Innovation

Source Node: https://esportsobserver.com/dwg-kia-cultural-innovation/?utm_source=rss&utm_medium=rss&utm_campaign=dwg-kia-cultural-innovation
Time Stamp: April 16, 2021 10:56 AM - Modified On: April 16, 2021 - Published By:
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South Korean esports organization DWG KIA announced Friday that the company has signed a partnership deal with China’s digital marketing company CUE Cultural Innovation.  Financial terms of the deal were not disclosed. As a part of the deal, CUE Cultural Innovation will become the exclusive Chinese agency of the team, and will be in charge of all business and commercial operations in mainland China. In addition, the partnership will also help promote cultural communication between China and the South Korean esports industry. DWG KIA is one of the most successful

Acer expands Envy Gaming partnership

Source Node: https://esportsinsider.com/2021/04/acer-expands-envy-gaming-partnership/?utm_source=rss&utm_medium=rss&utm_campaign=acer-expands-envy-gaming-partnership
Time Stamp: April 16, 2021 6:54 AM - Modified On: April 16, 2021 - Published By:
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North American esports organisation Envy Gaming has renewed and expanded its partnership with gaming product developer Acer. The new agreement will see Acer outfit all of the esports organisation’s competitive teams with Predator Gaming hardware. This includes Envy’s Call of Duty League franchise Dallas Empire, its Overwatch League team Dallas Fuel, and rosters competing under the Team Envy banner. Image credit: Envy Gaming (via twitter) RELATED: Gray Television leads $40m funding round for Envy GamingPredator’s gaming hardware will also be used by staff in the Predator Gaming Lounge, which is

Generation Esports closes $10.8m Series A funding round

Source Node: https://esportsinsider.com/2021/04/generation-esports-closes-10-8m-series-a-funding-round/?utm_source=rss&utm_medium=rss&utm_campaign=generation-esports-closes-10-8m-series-a-funding-round
Time Stamp: April 14, 2021 10:09 AM - Modified On: April 14, 2021 - Published By:
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North American esports organisation and competitive platform Generation Esports has announced it has closed its latest Series A funding round with a total of $10.8m (∼£7.83m) secured. The funding raised will be used to support the organisation’s community and student esports initiatives. Image credit: Generation Esports RELATED: High School Esports League launches Generation Esports The funding round was led by early-stage technology company investor Altos Ventures, with FJ Labs also taking part alongside other unnamed entities.  Mason Mullenioux, Co-Founder and CEO of Generation Esports, commented on the funding round: “We are thankful to

Epic Games closes $1bn funding round led by Sony

Source Node: https://esportsinsider.com/2021/04/epic-games-1b-funding-sony-group-corporation/?utm_source=rss&utm_medium=rss&utm_campaign=epic-games-1b-funding-sony-group-corporation
Time Stamp: April 14, 2021 4:52 AM - Modified On: April 14, 2021 - Published By:
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American games publisher Epic Games has announced the closing of a $1bn (~£727m) funding round, bringing the company’s equity valuation to $28.7bn (~£20.87bn). Sony Group Corporation led the funding round with an investment of $200m (~£145.4m). Other investors include Appaloosa, Baillie Gifford, Park West, KKR, AllianceBernstein, Altimeter, Franklin Templeton, and Luxor Capital, to name a few. Image credit: Epic Games RELATED: OverActive Media announces $40m investment, Montreal Canadiens joins ownership group The funds will be used to continue advancing its ‘technology, entertainment, and socially-connected online services’. This includes cross-over events between popular

Epic Games announces $1B funding round

Source Node: https://www.esportznetwork.com/epic-games-announces-1b-funding-round/
Time Stamp: April 13, 2021 3:48 PM - Modified On: April 13, 2021 - Published By:
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Fortnite developer and major gaming platform Epic Games announced the completion of a massive $1 billion funding round. The previous investment at $200 million, thanks to Sony Corporation, puts Epic at an equity evaluation of $28.7 billion. The investment will put all of the major titles under Epic into full throttle. Additionally, the company aims to evolve and keep game development and creation at a steady rise.Today we announced a new round of funding to support future growth and our long-term vision for the Metaverse. Thank you to all our

Epic Games Receives $1 Billion In Funding, Intends To Grow The “Metaverse”

Source Node: https://estnn.com/epic-games-receives-1-billion-in-funding-intends-to-grow-the-metaverse/
Time Stamp: April 13, 2021 3:11 PM - Modified On: April 13, 2021 - Published By:
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Epic Games' stock has risen, literally. Video game developer Epic Games is responsible for creating Fortnite Battle Royale, arguably the last decade's most influential game. When the Battle Royale genre only had first-person shooters like PUBG and H1Z1, Fortnite captured the entire world's attention for both gamers and nongamers. Epic's iconic title became the talk of the town for an extended period, which the developer parlayed into well over $1B USD in revenue since Fortnite's release in 2017. Fortnite continues to grow in unfathomable ways. Just two seasons ago, Marvel