Space will open a seven-floor gaming and music hub in Stockholm’s city center, in 2021. The location will feature 500 gaming stations, a 650-800 seat arena, recording studios, and a co-working space. Space is led by Gustav Käll, head of esports for Universal Music Group, with investment from Pop House Sweden.  Space, a Swedish company […]

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Activision Blizzard’s announcement to franchise the 2020 season of the Call of Duty League was monumental. There will be 12 teams in total to start, and already roster announcements are coming out. The Dallas Call of Duty team owned by Envy Gaming has announced two top-class players this week. First, Dallas is bringing two-time Call […]

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The British investment firm Hiro Capital announced the launch of a €100M EUR VC fund to back games, esports, and digital sports companies in the EU and UK. The fund is looking to accelerate the growth of approximately 20 companies through Series A and B financings and entrepreneurial mentoring. Former ESL and Warner […]

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This week, easylive.io announced it had raised $2.5M USD from French esports technology-focused venture fund, Trust Esport. According to the company, it plans to increase its workforce by almost 40% by the end of the year. Founded in 2017 by Philippe Laurent, Clément […]

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Nerd Street Gamers, builder and operator of a network of esports facilities, completed a $12M USD investment led by Philadelphia-based discount retailer Five Below Inc. In addition to Five Below, existing investors include telecommunications company Comcast, sports tech venture capital firm SeventySix Capital, and angel investor George Miller participated in the financing. Five Below and […]

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In-game advertising platform Anzu has hired former Head of Brand Media for Nike, Mike Cookson, as chief strategy officer. Cookson brings more than two decades of professional experience in media, content, and technology to the company. In August, Anzu raised a $6.5M USD Series A investment from strategic investors BITKRAFT Esports Ventures, WPP, and Axel […]

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Launched this April, Amuka Esports is an incubation company with a focus on the casual gaming market. Ben Feferman, the CEO of Amuka Esports, has played video games like Mike Tyson’s Punch-Out!! and NHLPA Hockey ’93 since he was five years old. “Those were the games that really transformed my childhood,” he told ESTNN. “I loved […]

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September was a busy month in the esports industry as The Esports Observer logged 17 esports industry investments. Five teams raised additional funds to grow their businesses including a $30M USD Series A secured by U.S. organization Dignitas and the NFL’s San Francisco 49ers cornerback Richard Sherman backing Luminosity Gaming. The team also finalized a […]

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It’s a question that we genuinely never thought we’d ask, but could it be that eSports are in fact becoming as big as, if not bigger than, traditional sports? You might think that the Fortnite World Cup has nothing on the NBA finals or the Super Bowl, but we’re here to […]

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After the completion of ESL One New York Championship, where Evil Geniuses took the title. ESL’s Michal ‘Carmac’ Bicharz shocked the CS:GO community by running a poll to rename “Terrorists” and “Counter-Terrorists” to more subtle and viewer-friendly names like “offence” and “Defence”. This change was suggested by Rod ‘Slasher’ Breslau, who is an eSport consultant. […]

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