Investments, mergers, and acquisitions December 2019

Esports investments, mergers, and acquisitions in December 2019

As the esports industry continues to grow, so does the interest in owning a piece of the pie. Celebrities and venture capitalists are investing millions of pounds, companies are merging together to...
Michael B. Jordan Andbox

Andbox receives investment from Michael B. Jordan

Andbox, the ownership group behind New York Excelsior and New York Subliners, has received investment from Michael B. Jordan. The actor's investment in the company was first reported by Adweek. RELATED: Sterling.VC launches esports...
121GameOn Crowdfunding

121GameOn is allowing its users to become co-owners

Oslo-based technology company 121GameOn has launched a crowdfunding campaign that allows the users of its online esports platform to also become co-owners. There’s no denying that there are a collection of online...
SK Gaming SMITE World Championship

Deutsche Telekom acquires stake in SK Gaming

Mobile communications provider Deutsche Telekom has acquired a 25 percent stake in German organisation SK Gaming. This deal is the successful outcome of negotiations that started in June 2018 when Deutsche Telekom...
This week in esports

This week in esports: Sport Emmy, Juventus, PUBG, Taylor Fritz

As always, we’ve rounded up the biggest and best stories from the past week so you can stay abreast of the industry’s biggest happenings. This week in esports saw Sports Emmy...
Game.tv Series A Funding Round

Game.tv raises $25 million in Series A funding round

AI-powered esports tournament platform Game.tv has raised $25 million (£19.1 million) in its Series A funding round by Intel Capital.  The funding coincides with Game.tv launching of Tourney, an esports tournament web application that enables players...
Taylor Fritz ReKTGlobal

ReKTGlobal welcomes investment from Taylor Fritz

ReKTGlobal, the parent company of Rogue and London Royal Ravens, has received investment from tennis player Taylor Fritz. The amount that the 22-year-old American athlete has invested in the company has not been disclosed at...
G2 Esports Joseph Tsai

G2 Esports receives $10 million investment from Joseph Tsai

Berlin-based organisation G2 Esports has received investment from Joseph Tsai, Owner of Brooklyn Nets and Co-founder of Alibaba Group. As reported by Forbes, the Canadian billionaire has made a $10 million (£7.6 million) investment in the organisation. RELATED: G2...
Kokyo BITKRAFT Trust Esport

Kokyo secures $1 million seed investment

PatronGG has secured a $1 million (£761,000) seed investment for its fan engagement platform Kokyo. The raised capital will be used to help Kokyo expand into new titles and enrich its match data. RELATED: Trust Esport...
New Wave Esports Even Matchup Gaming

New Wave Esports to acquire Even Matchup Gaming

Esports investment company New Wave Esports has entered a definitive share purchase agreement with event production company Even Matchup Gaming. New Wave Esports currently holds an 18 percent stake in Even Matchup...

Events

Gfinity to host Europe’s biggest Gears esports event this weekend

This weekend, the 10th and 11th December, will see London, courtesy of Gfinity Arena, play host to Europe's largest ever Gears of War esports...