All Esports

Allied Esports to receive $5M investment from Brookfield Property Partners

Esports entertainment company Allied Esports is set to receive a $5 million (£3.84 million) investment from real estate company Brookfield Property Partners. The investment will assist Allied Esports in bringing its esports venue concept to malls and retail destinations. Photo credit: Allied Esports RELATED: Allied Esports and Simon to open esports venue in Mall of Georgia As part […]

All Esports

Midnite raises over $2.5 million in seed round

Esports betting platform Midnite has announced the closure of its seed funding round that saw it raise over $2.5 million (£1.9 million). The round was led by Makers Fund, a venture capital firm that focuses on the “global interactive entertainment industry.” Photo credit: Midnite RELATED: ESI Esports Betting Tour returns to ICE London for second year Following […]

All Esports

Betfred co-founder backs esports publication GGIntel

Fred Done, co-founder of bookmaker Betfred, has invested in Manchester-based esports publication GGIntel. Financial details of Done’s investment have not been disclosed at the time of writing. Photo credit: GGIntel RELATED: The Washington Post launches esports-dedicated coverage The publication, which launched last December, aims to be a “world-leading esports publisher” by producing “bespoke content, global event […]

All Esports

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 consolidate, and acquisitions are becoming pretty common, too. To make things easier, Esports Insider has brought together the major investments, mergers, and acquisitions of […]

All Esports

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. Photo credit: Matt Baron/REX/Shutterstock RELATED: Sterling.VC launches esports venture Andbox Jordan spoke about the decision to invest in Andbox with Adweek: “[Andbox] cared about the New […]

All Esports

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 competition platforms dedicated to esports, but each seems to have its own significant focus and niche. For 121GameOn? That’s providing a fair and […]

All Esports

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 became a partner of SK Gaming. Photo credit: Hi-Rez Studios RELATED: NiP and SK Gaming win among exciting announcements at Hi-Rez Expo 2019 Deutsche […]

All Esports

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 to create and operate mobile gaming tournaments through Discord. Logo credit: Game.tv RELATED: ReKTGlobal welcomes investment from Taylor Fritz Rosen Sharma, CEO of Game.tv discussed […]