EsportsLAB Raises $1.08M To Accelerate Esports Performance Analytics Software Development
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EsportsLAB Raises $1.08M to Accelerate Esports Performance Analytics Software Development

EsportsLAB Raises $1.08M to Accelerate Esports Performance Analytics Software Development

Polish esports performance analytics startup EsportsLAB raised a zł4M PLN ($1.08M USD) investment from the zł50M ($13.45M) Satus Starter venture capital fund. Satus Starter is primarily funded by the European Union, which contributed zł40M ($10.76M) or 80% to the fund size. EsportsLAB, which is the fund’s third investment, plans to use the investment proceeds to accelerate the development of its performance analytics software and increase the scale of marketing activities.

The machine learning-based solutions EsportsLAB is developing in cooperation with several universities to cover training of game-dependent techniques, monitoring dietary behavior, physical fitness, sleep quality, general mental well-being, and injury risk. The project is financially supported by the European Fund for Infrastructure and Environment and the Polish National Centre for Research and Development, which provided the startup with research and development funds of zł12M ($3.23M).

Source: https://esportsobserver.com/esportslab-raises-1-08m-sept2020/

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