Go to Source Author: Tobias Seck 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 […] The post Loupedeck raises $2.36 million investment from Razer  first appeared on The Esports Observer.Go to Source Author: Tobias Seck

Go to Source Author: Victor Frascarelli 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 Counter-Strike: Global Offensive, and male Free Fire and Rainbow Six Siege teams of W7M Gaming, a Brazilian esports organization held by W7M Investments Group.  The […] The post APC by Schneider Electric on its investments in Brazilian esports first appeared on The Esports Observer.Go to Source Author: Victor Frascarelli

Go to Source Author: Trent Murray 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 MSG Sports VP of Business Operations Daniel Fleeter and CLG Founder George “HotshotGG” Georgallidis. Kim joins CLG after having served as Director of Esports for […] The post Former Evil Geniuses exec Greg Kim appointed head of CLG first appeared on The Esports Observer.Go to Source Author: Trent Murray

Go to Source Author: James Fudge 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 Indian government along with dozens of other Chinese-made or published apps for iOS and Android devices in August of 2020 due to an ongoing border […] The post Krafton launches Battlegrounds Mobile India first appeared on The Esports Observer.Go to Source Author: James Fudge

Go to Source Author: James Fudge 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 the “official crypto exchange partner” for select ESL events in 2021 and 2022, beginning with IEM Cologne 2021. Other events include   the ESL Pro […] The post ESL Gaming names Coinbase official crypto partner first appeared on The Esports Observer.Go to Source Author: James Fudge

Go to Source Author: Tobias Seck 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 […] The post EXCEL ESPORTS raises $23.4 million financing round  first appeared on The Esports Observer.Go to Source Author: Tobias Seck

Go to Source Author: James Fudge 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 these charity streams is to raise money for Project “Go-Kart,” a Gamers Outreach initiative to raise money for mobile gaming kiosk to be deployed at […] The post Ahman Green teams with Gamers Outreach for week-long charity stream first appeared on The Esports Observer.Go to Source Author: James Fudge

Go to Source Author: Trent Murray 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 13 with 18 Complexity-Limit guild members competing from the GameStop Performance Center in Texas where they will also livestream their own perspective throughout the event. […] The post Complexity announces revamped broadcast for upcoming Race to World First first appeared on The Esports Observer.Go to Source Author: Trent Murray

Go to Source Author: Tobias Seck 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 […] The post June Investment Recap: More than $500 million raised, Schalke 04 Esports exits LEC exit and GameSquare Esports acquires Complexity Gaming   first appeared on The Esports Observer.Go to Source Author: Tobias Seck

Go to Source Author: James Fudge 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 on promoting its new Credit Karma Money, a banking product targeted at Gen Z consumers (think young adults who getting their first loans or heading […] The post Credit Karma activating on Valorant deal first appeared on The Esports Observer.Go to Source Author: James Fudge