ReKTGlobal to be acquired by Metaverse company Infinite Reality for $470m
UPDATE 6/7/22 – ReKTGlobal and Infinite Reality have officially completed the $470m acquisition. Metaverse entertainment…
UPDATE 6/7/22 – ReKTGlobal and Infinite Reality have officially completed the $470m acquisition. Metaverse entertainment…
Game developer and publisher Epic Games has announced a $2bn (~£1.5bn) round of financing involving…
Esports tournaments platform Community Gaming has closed a $16m (~£12.25m) Series A funding round, led…
Mobile games developer Legendary Play has secured $4m (~£3.06m) in seed funding. The round was…
Fortnite competitive training platform NOVOS has secured $6m (~£4.6m) in funding. According to Or Briga, NOVOS’…
GOALS, a new multiplayer football play-to-earn game in development, has secured $15m (£11.42m) in seed…
Gaming and esports venture capital fund BITKRAFT Ventures has received a $2.5m (~£1.9m) investment from…
March was certainly an interesting month when it came to investments and mergers. In fact,…
Game publisher Riot Games has revealed that esports organisations Sentinels and Paper Rex were the most popular VCT Capsules in March for their respective international leagues. North American organisation Sentinels…
Esports Insider’s monthly roundups of the most important esports investment stories are back in 2024. Notably, March 2024 saw True Gamers announce a real-world ‘esports island’, Complexity sold back to…
The economics of esports is fascinating to every gamer. The idea of playing video games professionally while earning a stable salary through an esports organisation has become a real possibility…
Following his departure from the Swedish esports organisation Ninjas in Pyjamas, Jonas Gundersen has officially launched his own venture, the Continuum X Group. Gundersen made the announcement via a social media post,…
Esports lounge network True Gamers has announced plans to build a large-scale ‘esports island’ in Abu Dhabi, United Arab Emirates. The island will include training facilities, a tournament venue, content…
German esports organisation MOUZ (formerly known as Mousesports), has announced a new headquarters in the German city of Hamburg, set to open this summer. The new headquarters will have 1,400…