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FUNDRAISING
27 August 2020
BITKRAFT Ventures Has Raised $165m For VC Fund
? Later Stage VC One of the most active gaming- and esports-focused VC fund BITKRAFT Ventures has closed its Esports Venture Fund I at $165m New fund will primarily focus on ...
EARLY VENTURE
27 August 2020
Restream Has Raised $50m And Launched New Studio Tool
? Early Stage VC US-based multistreaming service company Restream has raised $50m in Series A round led by Insight Partners and Sapphire Ventures Raised funding would go ...
FUNDRAISING
27 August 2020
Summer Games Done Quick Raises $2.3m For Médecins Sans Frontières
? Donation Digital event for speedrunners Summer Games Done Quick 2020 Online has raised $2.3m for Médecins Sans Frontières (also knowns as Doctors Without Borders) Games Done ...
EARLY VENTURE
27 August 2020
Gamecity Hamburg Distributes ~$89k Between Five Projects
? Government Support Regional games funding organization Gamecity Hamburg has supported five projects with total of $88.6k funding through its Games Lift Incubator program: ...
M&A
26 August 2020
UPDATE: Tencent Is Close To Acquiring Leyou For +$1.3B Estimated Valuation
? Acquisition Chinese gaming giant Tencent (SEHK: 700) is getting close to acquire Hong Kong-based game developer and distributor Leyou Technologies (HKG: 01089), though the ...
EARLY VENTURE
26 August 2020
Challengermode Has Raised $12m For Its Esports Platform
? Venture Funding Stockholm-based esports platform Challengermode has raised $12m in a funding round led by Alibaba Group’s investment arm eWTP Innovation Fund, with ...
LATER VENTURE
25 August 2020
Engine Media Places $20m Convertible Debenture And Closes $5.8m Tranche
? New Funding Toronto-based esports company Engine Media (TSXV:GAME) has announced a non-brokered private placement of convertible debentures in the amount of $20m, as well as ...
