Series A

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

Brazil’s ‘Nobru’ to Launch His Own Free Fire Competition Circuit

Source Node: https://esportsobserver.com/nobru-launches-free-fire-circuit/
Time Stamp: March 31, 2021 4:58 PM - Modified On: March 31, 2021 - Published By:
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Brazilian esports superstar Bruno “Nobru” Goes announced on Wednesday that he is adapting the “Nobru Cup” structure to launch his own Free Fire competitive circuit, the CPN. The initiative is supported by 3C Gaming, the same agency responsible for Nobru’s career management.  The CPN will rely on four Free Fire competitions throughout the year, divided into two divisions: Series A, with 24 invited organizations, including LOUD and Vivo Keyd-owned teams, and Series B allowing registration by community teams. Goes is one of the best mobile Free Fire players in the

Nerd Street, Five Below Expand Esports Venue Plan to California

Source Node: https://esportsobserver.com/nerd-street-five-below-expand/
Time Stamp: March 31, 2021 2:40 PM - Modified On: March 31, 2021 - Published By:
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Nerd Street Gamers and discount retailer Five Below have revealed the next stage of their esports venue project – establishing a Localhost arena in a Five Below location in Oceanside, California. The arena is the first step of a broader plan for Nerd Street to expand into California. “As we continue to expand across the country, we wanted to become even more connected with the West Coast gaming community and increase our footprint in California,” Nerd Street Gamers CEO John Fazio told The Esports Observer. “We have our regional, 20,000+

Lowkey Raises $7M Series A Financing Round 

Source Node: https://esportsobserver.com/lowkey-financing-round-7m/
Time Stamp: March 31, 2021 12:00 PM - Modified On: March 31, 2021 - Published By:
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San Francisco-based tech startup Lowkey announced that it has raised a $7M USD Series A financing round from Silicon Valley-based venture capital firm Andreessen Horowitz, Figma co-founder and CEO Dylan Field, Loom co-founder and CEO Joe Thomas, Plaid co-founders Zach Perret and William Hockey, and several unnamed investors from the gaming and social media industries. The company, which currently employs eight people, will use some of the investment proceeds to hire new talent.   Lowkey was created by Harvard graduate Jesse Zhang to build a software solution to capture gameplay videos

SPREE Interactive secures multimillion Euro investment to expand its global partnerships and free-roam VR eSports experiences

Source Node: https://www.auganix.org/spree-interactive-secures-multimillion-euro-investment-to-expand-its-global-partnerships-and-free-roam-vr-esports-experiences/
Time Stamp: February 2, 2021 2:12 PM - Modified On: February 2, 2021 - Published By:
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In Virtual Reality News February 2, 2021 – SPREE Interactive, previously known as HolodeckVR, a provider of multiplayer, free-roaming commercial virtual reality (VR) attractions, has today announced that it has successfully secured a multimillion euro investment of an undisclosed amount from two strategic investors and two financial investors in the second closing of its seed round. The company states that it will use the latest investment to expand global operations and strategic partnerships. SPREE Investor, Stephan Berendsen, Founder and Managing Director of Germany-based Berendsen Holding GmbH said: “After having sold

Parsec Raises $25M to Ensure You Can Connect to Any Computer in the World Remotely

Source Node: https://www.alleywatch.com/2020/12/parsec-remote-connectivity-streaming-platform-gaming-work-benjy-boxer/
Time Stamp: December 17, 2020 10:27 AM - Modified On: December 17, 2020 - Published By:
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Remote working has become the new normal but for some professions, having access to the powerful computing systems found at the office is difficult to replicate.  Parsec is a platform that allows users to remotely access virtual machines and their powerful PCs from any device without any noticeable latency.  The company got its start in gaming, where it was popular with gamers that wanted to play on the go, but since the pandemic, the technology is being used by animators, game developers, engineers, or anyone that needs enhanced processing power

New England Whalers set to release team

Source Node: https://www.hltv.org/news/30682/new-england-whalers-set-to-release-team
Time Stamp: November 22, 2020 5:33 PM - Modified On: November 22, 2020 - Published By:
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New England Whalers are set to part ways with their CS:GO roster, the organisation revealed in a press release on Sunday. The majority owner of the team, Sean Roche, determined in early November that the organisation would be unable to re-sign the team as their parent company, Greenhouse Agency, has been "severely impacted" by the ongoing COVID-19 pandemic. Until it has completed a Series A financing round, New England Whalers will be sidelined, the organisation added. Since signing with the organisation in January, New England Whalers have enjoyed modest success,

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

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,…

Source Node: https://www.prweb.com/releases/sip_global_partners_leads_7_5_million_series_a_funding_for_tilt_five_an_augmented_reality_platform_set_to_revolutionize_gaming/prweb17507322.htm
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