Helsinki-based startup Loupedeck announced that it has raised a €2 million EUR ($2.36 million USD) investment from zVentures, the corporate venture arm of Razer. The startup, which was founded in 2016 with an oversubscribed crowdfunding campaign, plans to use the investment proceeds to support its growth.
After sponsoring the World Electronic Sports Games (WESG) tournament in Latin America, American electric equipment company APC, owned by the French group Schneider Electric, announced its sponsorship of the female Counter-Strike: Global Offensive, and male Free Fire and Rainbow Six
Madison Square Garden Sports Corp. has appointed Greg Kim to the position of Head of CLG effective immediately. Kim will oversee all business operations for the esports organization, working alongside MSG Sports VP of Business Operations Daniel Fleeter and CLG
South Korean video game developer and publisher Krafton has launched Battlegrounds Mobile India, a reinvention of the company’s free-to-play battle royale game, PUBG Mobile. PUBG Mobile was banned by the Indian government along with dozens of other Chinese-made or published
Tournament organizer ESL Gaming announced a partnership Monday with global cryptocurrency platform Coinbase. Financial terms of the deal were not disclosed. Under the terms of the deal, Coinbase will become the “official crypto exchange partner” for select ESL events in
British esports organization EXCEL ESPORTS announced that it has completed a £17 million GBP ($23.4 million USD) financing round led by investment firm JRJ Group, which first acquired a majority shareholding in 2018 alongside TOMS Capital, the family office of Noam Gottesman.
Former NFL All-Pro and current esports coach, Ahman Green and his charity, the Ahman Green Foundation, will host streams to raise funds for gaming charity Gamers Outreach. The goal of these charity streams is to raise money for Project “Go-Kart,”
June Investment Recap: More than $500 million raised, Schalke 04 Esports exits LEC exit and GameSquare Esports acquires Complexity Gaming
During June 2021, The Esports Observer tracked 11 investments raised by esports-relevant companies. Disclosed investments amounted to $512.5 million USD, bringing the total sum of disclosed investments in 2021 to $3.5 billion. In addition to the realized investments listed in the article, South Korean game developer holding Krafton
Complexity will once again bring together its partner World of Warcraft guild Limit to defend its crown in the upcoming Race to World First. The event will begin on July 13 with 18 Complexity-Limit guild members competing from the GameStop
Danish esports organization Astralis has announced a new commercial partnership with electronics retailer POWER. The deal will bring Astralis into POWER retail locations across the Nordics. According to a release, POWER will establish “separate Astralis universes in our stores.” The