M&A

Esports data platform GRID announces $10m funding round

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

Daily Crunch: Apple Arcade expands with classic games

Apple adds classic titles to Apple Arcade, Microsoft experiences an outage and Coinbase is going public. This is your Daily Crunch for April 2, 2021. The big story: Apple Arcade expands with classic games Until now, Apple’s game subscription service was limited to exclusive new titles, but today it’s introducing two new categories: App Store Greats (popular iPhone games like Monument Valley+, Fruit Ninja Classic+, Cut the Rope Remastered and Badland+) and Timeless Classics (board games and puzzle games, such as Backgammon+ and Chess Play and Learn+). This is a

Quantum Tech Partners: Esports companies raised $2 billion in 2020, up 116%

GamesBeat Summit 2021 #GBSummit returns with two days of content and networking designed for industry executives. April 28-29, 2021 Register Now Esports companies raised $2 billion in 2020 over 200 transactions in 2020, up 116% in value from $957 million in 123 deals in 2019, according to mergers and acquisitions advisory firm Quantum Tech Partners. Mergers and acquisitions also rose, with 50 deals valued at $658 million in 2020, compared to 33 deals valued at $475 million in 2019, said Alina Soltys, cofounder of Quantum Tech Partners, in an interview