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Tej Kohli launches €50 million European esports investment arm

Tej Kohli, the self-made technology billionaire has announced a €50 million investment arm to support Europe's growing esports sector. Kohli's investment arm will be called Rewired GG, which will be part of Rewired...
ORDER

ORDER officially opens equity crowdfunding to fans

Australian esports organisation ORDER has officially launched its equity crowdfunding campaign for fans. This initiative allows members of the public to own a stake in the club for a minimum of $100 (£78.45). As...
Epic Games Fortnite

Epic Games lands $1.25 billion investment in funding round

Epic Games, the developer behind Battle Royale title Fortnite, has reportedly received $1.25 billion (£976 million) in a funding round. The American video game developer already owns Unreal Engine, development software used...
aXiomatic

Michael Jordan invests in aXiomatic, Team Liquid’s parent company

Team Liquid's parent company aXiomatic has brought in $26 million (£20,293,390) in investment through a Series C funding round. New investors in the company include names such as NBA Hall of Famer Michael...
Cloud9

Cloud9 raises $50M in Series B funding

North American esports organisation Cloud9 has brought in $50 million (£38 million) in Series B funding, according to Forbes. Antonio Gracias, Founder and Managing Partner of Valor Equity Partners - the company...

Fimalac, Matthieu Dallon launch venture capital fund Trust Esports

Fimalac and Matthieu Dallon have partnered to create Trust Esports, the first French venture capital fund for esports startups. The fund will aim to support between 10 to 12 innovative esports businesses...
Newzoo

Advance acquires majority stake in Newzoo

American media group Advance Publications has acquired a majority share in research and analytics firm Newzoo. As part of the deal, Advance will make a "significant" capital investment into Newzoo to bolster its...

MTG increases investment in ESL parent company

Scandinavian digital entertainment company Modern Times Group (MTG) increased its investment in ESL’s parent company Turtle Entertainment, it was reported by The Esports Observer. According to the report, the conglomerate paid $17...

exceL Esports gains major investment from Guinevere Capital

Esports organisation, exceL Esports announced it has received a substantial investment from Guinevere Capital, an esports and entertainment investment group. Guinevere Capital's primary investments are focused in the Oceanic region with stakes...
Pixel.bet

LeoVegas acquires majority share of Pixel.bet

LeoVegas Group, through its investment company LeoVentures Ltd, has acquired a majority share of 51% in Pixel Holding Group Ltd, the company that runs esports betting operator Pixel.bet. Pixel.bet initially focused on...