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ReKTGlobal receives investment from Landon Collins

ReKTGlobal, the parent company of Rogue and London Royal Ravens, has received investment from NFL athlete Landon Collins. Financial details of the Washington Redskins athlete’s investment have not been disclosed at the time of writing. Photo credit: Emma McIntyre/Getty Images RELATED: ReKTGlobal acquires Fullcube following Rogue Nation partnership Amish Shah, Founder and Chairman of ReKTGlobal discussed the addition […]

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Astralis Group releases prospectus for IPO

Astralis Group has shared the prospectus and plans for its upcoming initial product offering (IPO) on the Nasdaq First North Growth Market. The parent company of Astralis, Origen, and Future FC is planning to offer shares from November 18-29th. Image credit: Astralis Group RELATED: Astralis Group planning to launch IPO in Denmark Astralis Group is looking to […]

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Artist Capital Management raises $100M for esports fund

Investment management firm Artist Capital Management has raised $100 million (£77.9 million) for its Artist Esports Edge Fund. The fund “seeks to provide institutional investors with concentrated exposure to leading esports companies.” Image credit: Artist Capital Management Esports Fund RELATED: 100 Thieves closes $35M Series B funding round Josh Dienstag, Chief Investment Officer of Artist Capital […]

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Hitmarker raises 250% of crowdfunding campaign target

UK-based esports job platform Hitmarker raised 250% of its equity crowdfunding target in just six days. The target of the campaign was £80,000 for 4 percent equity, though the company set a cap of £200,000 for 9.43 percent equity and successfully met it. Photo credit: Hitmarker RELATED: Hitmarker launches equity crowdfunding campaign The company now plans to double […]

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Mainline raises $6.8M in Series A funding

Houston-based esports tournament software management company Mainline has raised $6.8 million (£5.22 million) in its Series A funding round. The round was led by Work America Capital, with contribution from private investors. The capital will be used to enhance Mainline’s software technology and bolster its workforce. Logo credit: Mainline RELATED: Esport-Management rebrands to nicecactus.gg, launches esports […]

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Team Vitality raises €14M and opens Paris facility

French organisation Team Vitality has received a further €14 million (£12 million) investment from esports venture fund Rewired.GG. Including the €20 million Rewired.GG invested back in November 2018, Team Vitality has now received €34 million in the last year from the fund. The capital will be used to grow the organisation and pursue an expansion into both China […]

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Gen.G receives investment from Entrepreneurs Roundtable Accelerator

Multinational organisation Gen.G esports has received an undisclosed investment from Entrepreneurs Roundtable Accelerator. Entrepreneurs Roundtable Accelerator is an early-stage venture capital fund based in New York, USA. Photo credit: MLG RELATED: Gen.G opens headquarters in Los Angeles Founded in 2011, Entrepreneurs Roundtable Accelerator invests at the early stages of startup tech companies. Gen.G rebranded from KSV eSports (representing […]

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Esports investments, mergers, and acquisitions in October 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 […]

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Hitmarker launches equity crowdfunding campaign

UK-based esports job platform Hitmarker has publicly launched its seed investment round with an equity crowdfunding campaign. Hitmarker will use the capital raised to expand into the games industry, providing its services for that market in addition to esports. Photo credit: Esports Insider | Jak Howard RELATED: Esports job opportunities up 185% in first half of […]

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Tencent acquires majority stake in developer Supercell

Chinese technology conglomerate Tencent has taken a majority stake of Supercell, developer of Clash of Clans and Clash Royale. Tencent has previously held a 50 percent stake in the company but moved to acquire another 1.2 percent, giving it a majority stake. The new shares cost the tech giant $40 million (£30.8 million). Photo credit: Supercell RELATED: NBA […]