Epic’s ongoing court case revealed some worrying details regarding Fortnite Esports. The Epic Games vs. Apple antitrust lawsuit rages on, and both leakers and the general public have gleaned exciting tidbits of information from the proceedings. Some of which included unfathomable crossovers with A-list athletes and celebrities while others revolved around video game and movie-related collaborations. […]

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The massive influx of rumors suggesting YouTube streamer Valkyrae moving away from streaming to look for a career in business and investment has been turned down by herself. Rae was named the co-owner of 100 Thieves along with CouRageJD upon which she hinted at exploring her career option in business which made her fans think […]

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During April 2021, The Esports Observer tracked 13 investments raised by esports-relevant companies. Disclosed investments amounted to 1.1B$ USD, bringing the total sum of disclosed investments in 2021 to $3B.  Financial terms were not disclosed for all deals highlighted in this article.  NHL Franchise Montreal Canadiens Joins OverActive Media’s Ownership Group  Toronto-based esports company OverActive Media completed a second closing on its previously announced private placement, bringing the […]

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Voice-chat gaming software Discord has had an investment from the technology giant Sony, the later has announced through a press release. The audio chat gaming application is in the news for multiple fronts in the past few weeks. For once, it was valued at $10 billion and for the second time when it apparently turned […]

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Guinevere Capital, a New Zealand-based investment firm, has teamed up with Logitech G, Spark, and Eden Park to open an esports facility in the country. The Spark Esports Hub is housed in Eden Park, New Zealand’s largest stadium, and includes training facilities, a 5G mobile gaming area, and an esports event venue. Spark will control […]

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Esports investment and advisory firm Guinevere Capital has partnered with New Zealand’s Eden Park along with Spark and Logitech G to open a new esports performance center.The new Spark Esports Hub will provide training facilities for top Oceanic esports teams, with equipment provided by Logitech G. The facility will be established inside Eden Park, a […]

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NFL pro and gaming ambassador Juju Smith-Schuster, along with his mother Sammy Schuster, have signed a strategic partnership agreement with women-focused gaming organization Queens Gaming Collective. The pair have also become new investors in the company. As part of the new partnership, the two will come aboard as cultural ambassadors, joining Queens Gaming’s so-called Queens […]

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Philippines–headquartered esports and gaming talent agency Tier One Entertainment announced that it has secured a Pre-Series A financing round led by venture capital firm Gobi Partners through its Gobi-Core Philippine Fund, a joint-venture fund with Core Capital. In addition, entertainment and record label Warner Music Group joined the round as part of its strategic investments in the region. Further […]

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Team Nigma has pulled one of the best plays in their books. Etihad Airways, the national airline of the United Arab Emirates, announced their long-term partnership with Dota 2 team Nigma. The next level play🤯 We’re thrilled to finally announce our partnership with @etihad. Closer than ever to the stars🌟 🔗https://t.co/LwUY1uvEal#StarsAlign #Etihad pic.twitter.com/wTKHt9tBeB — Team […]

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Australian esports organization ORDER announced that it has closed a $.5.3M AUD financing round, which it launched early in 2021. The group of investors included CPS Capital managing director Jason Peterson and Gemelli Group chairman Harry Karelis, who has also been appointed to ORDER’s board of directors. The organization’s chairman Gerard Murphy revealed […]

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