Sweden-based esports organization Ninjas in Pyjamas is merging with a Chinese company called ESV5, with plans to be listed on the NASDAQ, according to a report from Reuters. ESV5 is a joint venture between esports organization eStar Gaming and Victory 5. A “source with direct knowledge on that matter” tells Reuters that the companies project […]
Rover.com released its monthly booking data well ahead of its pending merger with SPAC Nebula Caravel Acquisition Company (NASDAQ: NEBC) and is causin...
Helsinki-based startup Loupedeck announced that it has raised a €2 million EUR ($2.36 million USD) investment from zVentures, the corporate venture arm of Razer. The startup, which was founded in 2016 with an oversubscribed crowdfunding campaign, plans to use the investment proceeds to support its growth. Loupedeck specialized in making digital input device consoles for creative software and live streaming. The company entered the live streaming market […]
British esports organization EXCEL ESPORTS announced that it has completed a £17 million GBP ($23.4 million USD) financing round led by investment firm JRJ Group, which first acquired a majority shareholding in 2018 alongside TOMS Capital, the family office of Noam Gottesman. Further investors that participated in the round included IPGL (the family office of Michael Spencer), the family […]
During June 2021, The Esports Observer tracked 11 investments raised by esports-relevant companies. Disclosed investments amounted to $512.5 million USD, bringing the total sum of disclosed investments in 2021 to $3.5 billion. In addition to the realized investments listed in the article, South Korean game developer holding Krafton – the parent of PlayerUnknown’s Battlegrounds developer PUBG Corp – filed for a potential $5 billion initial public […]
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