Parpy is on the hunt for a new organization after his removal from Raised by Kings. Raised by Kings removed Abdullah “Parpy” Khudeish unexpectedly from their Fortnite roster, according to a series of Tweets. After only two months with the organization, Parpy announced that he was “Kicked from RBK,” and that more details would follow […]

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BITKRAFT Esports Ventures and 1Up Ventures have jointly invested $3.5M USD in Bit Fry Game Studios. The capital will be used to support the growth of Bit Fry’s arcade-action sports gaming franchise, Ultimate Rivals. Bit Fry also announced the addition of Nick Caras as its new vice president, competitive gaming strategy; and Hali Oughton as […]

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In a pre-seed investment deal, the San Francisco esports company Juked raised $800,000 . The raised funds are used to “speed up the implementation of their one-stop-goals.” Juked will help expand its product portfolio to include ratings, statistical information, aggregation of data, team channels and monetising initiatives. 500 Startups, an accelerator located in San Francisco, […]

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Juked.gg, an online esports start-up which aggregates esports streaming feeds, announced that it raised an $800K USD pre-seed round to accelerate development of its online viewing platform. Founded by Ben “FishStix” Goldhaber and Chris “ChanManV” Chan in September of 2019, the release states that the investment will enable Juked to expand its product offering to […]

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In its partnership with Respawn Products, Atlanta Esports Ventures franchises will sit comfortably. The agreement will include Atlanta Reign, a franchise of the Overwatch League, and Atlanta FaZe franchise of the Call of Duty League. The deal includes the promotion of social media and content products, the involvement in the home events of franchisees and […]

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The Hangzhou Spark remains more or less the same going into the 2020 season, losing three members in 2019 but picking up three more to compensate. See also: #20 Boston Uprising – #19 Los Angeles Valiant – #18 London Spitfire – #17 Chengdu Hunters – #16 Dallas Fuel – #15 Washington Justice – #14 Toronto […]

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Canadian Investment Bank, Canaccord Genuity last week announced that the leading Esports organization, FaZe Clan will enter into a loan convertible facility worth $22.7 Million with the bank. According to the information revealed by the Canaccord Genuity, the bank will act as a financial advisor for FaZe Clan and will get a seat in FaZe […]

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Canaccord Genuity, a fast-growing Canadian investment bank, announced just last week that the FaZe Clan, currently the most popular esports organization in the world, has entered into a brand new convertible loan facility… with a $22.7M price tag. So what does this mean for FaZe Clan? Since Canaccord Genuity acted as an “exclusive financial advisor” […]

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FaZe Clan has entered into a convertible loan facility worth $22.7M USD. The loan is convertible at a pre-money equity valuation of $220M. Canaccord Genuity acted as the exclusive financial advisor for this loan. Canaccord Genuity, a Canadian investment bank, announced last week that the esports organization FaZe Clan has entered into a convertible loan […]

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Puntt will launch a new esports betting platform in February to provide the first ‘esports betting player performance’ markets. They also aim to compete against other established esports betting sites. The startup was created by the five-member RPGG Media’s Liverpool development studio, a team that seeks to provide productive components for sports betting across vertical […]

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