Loupedeck raises $2.36 million investment from RazerÂ
Helsinki-based startup Loupedeck announced that it has raised a â¬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…
APC by Schneider Electric on its investments in Brazilian esports
After sponsoring the World Electronic Sports Games (WESG) tournament in Latin America, American electric equipment company APC, owned by the French group Schneider Electric, announced its sponsorship of the female…
Former Evil Geniuses exec Greg Kim appointed head of CLG
Madison Square Garden Sports Corp. has appointed Greg Kim to the position of Head of CLG effective immediately. Kim will oversee all business operations for the esports organization, working alongside…
Krafton launches Battlegrounds Mobile India
South Korean video game developer and publisher Krafton has launched Battlegrounds Mobile India, a reinvention of the company’s free-to-play battle royale game, PUBG Mobile. PUBG Mobile was banned by the…
ESL Gaming names Coinbase official crypto partner
Tournament organizer ESL Gaming announced a partnership Monday with global cryptocurrency platform Coinbase. Financial terms of the deal were not disclosed. Under the terms of the deal, Coinbase will become…
EXCEL ESPORTS raises $23.4Â million financing roundÂ
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…
Ahman Green teams with Gamers Outreach for week-long charity stream
Former NFL All-Pro and current esports coach, Ahman Green and his charity, the Ahman Green Foundation, will host streams to raise funds for gaming charity Gamers Outreach. The goal of…
Complexity announces revamped broadcast for upcoming Race to World First
Complexity will once again bring together its partner World of Warcraft guild Limit to defend its crown in the upcoming Race to World First. The event will begin on July…
June Investment Recap: More than $500 million raised, Schalke 04 Esports exits LEC and GameSquare Esports acquires Complexity Gaming
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…
Credit Karma activating on Valorant deal
Credit Karma today rolled out plans for its first activation around Valorant after quietly signing a deal with game publisher Riot Games last month. San Francisco-based Credit Karma will focus…