VSPN secures $100m in Tencent-led Series B funding round
Total esports solutions provider Versus Programming Network (VSPN) has raised ‘close to’ $100m (~ £76.23m)…
Investments, M&A
Atlanta Ownership Group acquires Ghost Gaming
US-based esports organisation Ghost Gaming has been acquired by Atlanta Ownership Group and will relocate its headquarters…
Sergio Aguero launches esports organisation, VENN raises $26m | ESI Digest #15
Each week, ESI Digest breaks down the weekly happenings in the esports industry, making sense…
Garmin introduces esports smartwatch
Garmin has revealed a new esports smartwatch — the Instinct Esports Edition — designed to help players…
Sector Six Apparel enters into European market
Esports merchandiser Sector Six Apparel has been established in the European market after forming a…
VENN receives $26m in Series A financing round
Gaming and entertainment live-streaming network VENN has announced today the close of a $26m (~£19.94m) Series…
Manchester City star Sergio Aguero launches KRU Esports
Manchester City star striker Sergio Aguero has founded his own esports organisation with the launch…
UK esports sees 8.5 percent annual growth between 2016 and 2019
The UK esports sector has seen an average increase of 8.5 percent annually between 2016…
GameSquare Esports releases Q1 2023 results
UPDATE 22/05/23: The article has been updated to include more details about the GameSquare Esports pro forma financial reports for Q1 2023. North American esports company GameSquare Esports has released…
Esports company NODWIN Gaming raises $28m
South Asian esports company NODWIN Gaming has signed definitive and binding documentation to raise $28m (⁓£22.5m) from new and existing investors. Most funds will be used to develop NODWIN’s gaming and…
Indian streaming platform Rooter raises $16m
Indian esports and gaming content platform Rooter has announced a new round of financing today, valued at $16m (£12.9m) and led by venture capital company Lightbox. The finance round is…
French esports organisation Team LDLC to cease operations in July
French electronics retailer LDLC has announced that its esports segment, LDLC OL (Team LDLC), will cease operations at the end of July 2023. The owners of LDLC OL, Groupe LDLC…
EU Commission approves $69bn Microsoft Activision Blizzard acquisition
The European Commission has approved Microsoft’s pending $68.7bn (~£50.5bn) acquisition of game publisher Activision Blizzard. The commission said commitments by Microsoft had fully addressed its initial concerns, raising the gaming…
Heroic Group receives cash offer amid financial woes
Publicly-traded Norwegian esports organisation Heroic Group announced it has received a cash offer from Krow Bidco AS to acquire all outstanding shares in the company. Krow Bidco AS has offered…
