funding round

Epic Games raises $200 million from Sony in $1bn round at $28.7bn valuation

Source Node: https://www.talkesport.com/business/epic-games-raises-200-million-from-sony-in-1bn-round-at-28-7bn-valuation/
Time Stamp: April 13, 2021 10:41 AM - Modified On: April 13, 2021 - Published By:
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Epic Games said on Tuesday it had raised $1 billion in its latest funding round that valued the “Fortnite” maker at $28.7 billion. The company said it received an additional investment of $200 million from Sony Group Corp in the funding round, which also included Appaloosa, Baillie Gifford, and KKR & Co Inc. Epic Games Chief Executive Officer Tim Sweeney remains the controlling shareholder of the company after the latest investments, it said in a statement. “Their investment will help accelerate our work around building connected social experiences in Fortnite,

CouRage and Valkyrae become 100 Thieves co-owners, BMW announces esports manga | ESI Digest #37

Source Node: https://esportsinsider.com/2021/04/courage-and-valkyrae-become-100-thieves-co-owners-bmw-announces-esports-manga-esi-digest-37/?utm_source=rss&utm_medium=rss&utm_campaign=courage-and-valkyrae-become-100-thieves-co-owners-bmw-announces-esports-manga-esi-digest-37
Time Stamp: April 9, 2021 11:45 AM - Modified On: April 9, 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, Valkyrae and CouRage being announced as 100 Thieves co-owners, Astralis Group looking to trade in the US market, BMW Esports launching a manga series, Jackson’s LCS and PENTAKILL partnership, plus GRID’s $10m investment.  This edition of the ESI Digest is in

Esports data platform GRID announces $10m funding round

Source Node: https://esportsinsider.com/2021/04/esports-data-platform-grid-announces-10m-funding-round/?utm_source=rss&utm_medium=rss&utm_campaign=esports-data-platform-grid-announces-10m-funding-round
Time Stamp: April 9, 2021 7:30 AM - Modified On: April 9, 2021 - Published By:
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Esports data platform GRID has announced a $10m (~£7.28m) Series A funding round, with NFL player JuJu Smith-Schuster investing in the firm.  Alongside Smith-Schuster, ‘industry leaders’ behind Alinea Capital, Bumble Ventures, and Tar Heel Capital Pathfinder took part in the firm’s funding round, as well as ‘leading investors in the gaming, iGaming and tech industry’. Image credit: GRID Esports RELATED: GRID announces data partnership with Epic Esports Events According to the release, GRID’s investment will be used to strengthen its US expansion plans. The data platform first expanded its services

Tournament platform Epulze secures £4.7m investment

Source Node: https://esportsinsider.com/2021/04/tournament-platform-epulze-secures-4-7m-investment/?utm_source=rss&utm_medium=rss&utm_campaign=tournament-platform-epulze-secures-4-7m-investment
Time Stamp: April 6, 2021 6:58 AM - Modified On: April 6, 2021 - Published By:
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Swedish esports tournament platform Epulze has secured an investment of SEK 57m (∼£4,74m) from its latest funding round. According to the release, participants in the funding round included Swedish financial group Svea Ekonomi and Norwegian Carucel Finance. Credit: Epulze RELATED: Epulze announces long-term partnership with VPgame The funding is expected to help the company enter into a ‘new phase’, with the esports tournament platform looking to add new game titles and functions, whilst also expanding its ecosystem. Currently, the platform only supports Dota. Mattias Lövgren, CEO and Co-Founder at Epulze, commented on securing

Alban Dechelotte departs Riot, BLAST Premier partners with Coinbase | ESI Digest #36

Source Node: https://esportsinsider.com/2021/04/alban-dechelotte-departs-riot-blast-premier-partners-with-coinbase-esi-digest-36/?utm_source=rss&utm_medium=rss&utm_campaign=alban-dechelotte-departs-riot-blast-premier-partners-with-coinbase-esi-digest-36
Time Stamp: April 2, 2021 10:15 AM - Modified On: April 2, 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, Alban Dechelotte’s Riot Games departure, Fnatic’s partnership with PCSpecialist, Coinbase’s deal with BLAST Premier, Animoca Brands investing in Veloce, plus PSG Esports’s Betway extension.  This edition of the ESI Digest is in partnership with RocketReel, powered by Reely.ai.  [embedded content]

March Investment Recap: More Than $200M of Fresh Capital Gets Injected into the Esports Ecosystem 

Source Node: https://esportsobserver.com/march-2021-investment-recap/
Time Stamp: April 1, 2021 2:00 PM - Modified On: April 1, 2021 - Published By:
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During the month of March 2021, The Esports Observer tracked 23 investments raised by esports-relevant companies. Disclosed investments amounted to $233M USD, bringing the total sum of disclosed investments in 2021 to $1.9B.  In addition to several significant investments, including Overwolf’s $50M+ and Envy Gaming’s 40M Series C financing rounds, several private placement deals by Toronto Stock Exchange Venture Exchange listed esports companies, and multiple seed round investments, a couple of major deals in the works came to light during the month. Super League Gaming is in the process of acquiring live streaming technology platform Mobcrush at a transaction value likely to exceed $60M and Microsoft is in talks to acquire gaming

Animoca Brands announces Veloce partnership and investment

Source Node: https://esportsinsider.com/2021/04/animoca-brands-announces-veloce-partnership-and-investment/?utm_source=rss&utm_medium=rss&utm_campaign=animoca-brands-announces-veloce-partnership-and-investment
Time Stamp: April 1, 2021 8:40 AM - Modified On: April 1, 2021 - Published By:
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Racing esports organisation Veloce has announced a partnership with blockchain and NFT company Animoca Brands.As a part of the agreement, Animoca Brands has invested into the organisation’s pre-IPO funding round using its branded motorsports utility token, REVV. The amount invested into Veloce has not been revealed. Image credit: Veloce /Animoca Brands RELATED: Veloce Esports appoints Guido Hakkenberg as Head of Partnerships According to the release, the partnership is expected to span across Veloce’s esports operations. This includes its teams, channels and racing leagues, such as Squadsprint. Additionally, the deal will

Augmented Reality board game creator Tilt Five secures USD $7.5 million in Series A funding

Source Node: https://www.auganix.org/augmented-reality-board-game-creator-tilt-five-secures-usd-7-5-million-in-series-a-funding/
Time Stamp: October 28, 2020 5:57 PM - Modified On: October 28, 2020 - Published By:
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[embedded content][embedded content]In Augmented Reality News October 28, 2020 – Tilt Five, creator of a tabletop augmented reality (AR) board game that features the use of AR headsets within its games, has today announced that it has secured USD $7.5 million in Series A funding. The funding round was led by SIP Global Partners, with participation from investors BITKRAFT Ventures, Galaxy Interactive, Logitech, and games industry innovator Ken Birdwell. SIP Global Partners’ Jeffrey Smith will now join Tilt Five’s board of directors. Following a USD $1.7 million Kickstarter campaign last year, this

Nerd Street Gamers and Five Below to Open Three Esports Facilities

Source Node: https://esportsobserver.com/nerd-street-five-below-new-locales/
Time Stamp: October 13, 2020 2:43 PM - Modified On: October 13, 2020 - Published By:
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Nerd Street Gamers will open three of its Localhost esports facilities connected to Five Below stores. These openings are the initial pilot of a deal attached to Five Below’s participation in Nerd Street Gamers’ $12M Series A funding round last year. According to a release, the companies will develop learnings from this pilot to determine possible future rollout plans for additional locations. The facilities will be connected to Five Below locations in Georgetown, Texas; Philadelphia, Pennsylvania; and St. Louis, Missouri – the latter of which will open later this month.