Investors

Tilt Five Secures $7.5M Series A to Revolutionize Gaming Through 3D…

Source Node: https://www.prweb.com/releases/tilt_five_secures_7_5m_series_a_to_revolutionize_gaming_through_3d_holographic_experiences/prweb17505902.htm
Time Stamp: October 27, 2020 7:00 PM - Modified On: October 29, 2021 - Published By:
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Tilt Five Promo Photo “While the tech giants invest billions in far-off solutions, this investment expands our ability to deliver on a proven set of technologies resulting in an affordable, social and wearable device,” said Jeri Ellsworth, Tilt Five CEO. SAN JOSE, Calif. (PRWEB) October 28, 2020 Tilt Five, an entertainment system provider that uses proprietary augmented reality (AR) glasses, a game board, and a wand controller to engage players in tabletop and video games in 3D holographic environments, today announced that it has secured $7.5 million in Series A

SIP Global Partners Leads $7.5 Million Series A Funding For Tilt Five,…

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Time Stamp: October 27, 2020 7:00 PM - Modified On: October 29, 2021 - Published By:
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NEW YORK (PRWEB) October 28, 2020 SIP Global Partners, a Japan-US headquartered VC firm that invests in transformative global technology, today announced it is leading a $7.5 million Series A round for Tilt Five. Tilt Five is an entertainment system provider that uses proprietary augmented reality (AR) glasses, a game board and a wand controller to engage players in tabletop and video games in 3D holographic environments. As part of the investment, General Partner of SIP Global Partners Jeffrey Smith will join Tilt Five’s Board of Directors. Other participants in

Unity Raises $1.3B in Initial Public Offering, Surpasses Epic Games’ Valuation

Source Node: https://esportsobserver.com/unity-raises-1-3b-in-ipo/
Time Stamp: September 18, 2020 3:10 PM - Modified On: September 18, 2020 - Published By:
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Video game development platform and technology firm Unity Software completed its initial public offering Friday and began trading on the New York Stock Exchange. The Unity game engine developer raised $1.3B USD in the offering. The company sold 25M shares, which represent roughly 9.49% of the company’s total outstanding shares after the offering, at a price of $52 per share in the initial offering. The offering pricing put Unity Software’s market capitalization at $13.7B based on 263,366,733 outstanding shares. The pricing exceeded Unity’s initial price range marketed to potential investors.

Nerd Street Gamers Announces ‘The Block’ Esports Campus in Philadelphia

Source Node: https://esportsobserver.com/nerd-street-the-block-philadelphia/
Time Stamp: September 17, 2020 8:59 AM - Modified On: September 17, 2020 - Published By:
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Esports infrastructure company Nerd Street Gamers announced plans Wednesday to open an esports campus in Philadelphia called “The Block.”  The facility will be located inside 401 North Broad Street in Philadelphia and will serve as a hub for the company in the city. The 40,000 square foot esports campus will serve as the company’s global headquarters and will house its broadcast and content creation studios. In addition, 20,000 square feet will be dedicated to Localhost Philadelphia, which will offer esports practice centers for local teams and schools, and serve as

Bayes Holding Raises $6M Investment to Expand Esports Data Offerings

Source Node: https://esportsobserver.com/bayes-holding-6m-investment/
Time Stamp: September 17, 2020 2:00 AM - Modified On: September 17, 2020 - Published By:
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Berlin-based gaming and esports data provider Bayes Holding (formerly DOJO Madness) secured a $6M USD financing round to further expand the data and content offering on its platform and develop new platform features that benefit both data suppliers and consumers. Participants in the investment included the Pohlad Family investment group, Fertitta Capital, Sony Innovation Fund, and other sports and media investors. According to its own statements, Bayes turned profitable in 2020, driven by significant continued year-over-year revenue growth following the company’s restructuring at the beginning of this year. In January,

ZenSports closes additional $1.46M seed funding for its mobile peer-to-peer sports betting marketplace

Source Node: https://techstartups.com/2020/09/15/zensports-closes-additional-1-46m-seed-funding-mobile-peer-peer-sports-betting-marketplace/
Time Stamp: September 15, 2020 4:39 PM - Modified On: September 15, 2020 - Published By:
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We featured ZenSports back in February after the mobile sports betting startup closed over $770K in seed funding. A little over six months later, the San Francisco-based ZenSports announced it has raised an additional $1.46M Seed round of funding to expand into the United States, as well as to continue to grow its international presence. Backers include previous investors LAUNCH (led by Jason Calacanis), as well as new investors Cube Magic Gaming and other individual angels. Founded in 2016 by Etan Mizrahi-Shalom and Mark Thomas, the San Francisco, California-based ZenSports is a mobile

Daily Crunch: Apple files countersuit against Epic

Source Node: https://techcrunch.com/2020/09/08/daily-crunch-apple-files-countersuit-against-epic/
Time Stamp: September 8, 2020 6:12 PM - Modified On: September 8, 2020 - Published By:
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Apple strikes back at Epic Games, Android 11 is here and Microsoft announces a new stripped-down Xbox. This is your Daily Crunch for September 8, 2020. The big story: Apple files countersuit against Epic Apple has made the latest move in a legal battle against Epic Games, filing a lawsuit claiming that the company behind Fortnite is in breach of contract. “Although Epic portrays itself as a modern corporate Robin Hood, in reality it is a multi-billion dollar enterprise that simply wants to pay nothing for the tremendous value it

The Valve path: from benign to neglectful

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Time Stamp: September 8, 2020 7:27 AM - Modified On: September 8, 2020 - Published By:
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This should have been the high point of the Dota calendar. It’s shortly after TI, just as the DPC awakens from its slumber, new hopes and possibilities abound, perhaps with a patch or two to shake up the meta. Early September would be the time of shock roster moves, sad retirements and exciting arrivals, the beginning of a new era of perhaps the continuation of what came before. No matter whether it’s a Secret quarter-final exit or a VP choke or an OG shock that keeps everyone on their toes,

Tencent Loses $42B in Market Value as Indian Stakeholders Weigh in on a Future Without PUBG MOBILE

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Time Stamp: September 4, 2020 1:11 PM - Modified On: September 4, 2020 - Published By:
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The Indian government’s decision to ban the country’s most popular title, PUBG MOBILE was always going to have a ripple effect across the entire industry and the effects are already being felt. Having lost out on what was their biggest market for the game, Tencent has reportedly lost nearly $42B USD in market value in just two days since the announcement. This is the second-largest market capitalization loss for the Chinese conglomerate following a $66B loss spurred by an executive order against WeChat by the US, which was mostly regained

GamerzClass Secures $1M Financing, Refreshes Board of Directors

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Time Stamp: September 4, 2020 8:07 AM - Modified On: September 4, 2020 - Published By:
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Danish educational esports platform GamerzClass raised a $1M USD financing round led by Copenhagen-based venture capital fund Bumble Ventures. As part of the investment, the company also refreshed its board of directors and presented a new strategy. Further investors in the financing round included London-based firm TrueSight Ventures, the danish growth fund Vækstfonden (which is also an investor in esports tournament organizer BLAST), former general partner at Index Ventures Ben Holmes, Christian Legêne, and former deputy director of TDC Group Kathrine Stampe Anderson, who also joins GamerzClass’ board of directors.