Tag Archives: investment

In what is perhaps the strangest Twitch Plays yet, someone has set up a bot that lets Twitch chat invest $50,000 on the New York stock exchange. Stock Stream has been set up with $50,000, with donations also adding to that total. This $50,000 is then invested in the stock …

Esports in 2016 snagged $280m in ad spend from advertisers, with most of the money going towards influencer marketing, sponsorship and video. According to advertising magThe Drum, by 2021 this figure could end up exceeding $1bn in ad revenue as brands try to engage with the nascent industry, and appeal …

Tier One Entertainment, the Philippine’s first gaming and esports talent agency, has just secured foreign investment from recently founded BITKRAFT Esports Ventures. “We are fortunate that BITKRAFT has shown faith in the region” said esports veteran and Tier One co-founder Tryke Gutierrez as he announced the investment with his co-founder …

Series B venture capital round by Japan's investement group take non-controlling places on the board

Investment fund to focus on games with an aim to help developers bring titles to the market.

Deal gives 505 20 year exclusive rights to Remedy's next game

ESL founder Jens Hilgers has put together a team of high profile figures and investment groups from sports, entertainment and gaming to create a multi-million esports investment fund. The fund, called BITKRAFT Esports Ventures fund, has backers from several top-level esports organisations, including Super Evil Megacorp CEO Kristian Segerstrale, the …

The minority ownership share is intended to help the company grow internationally

Company has now raised $5m in investment

Multi-game eSports organisation, Cloud 9, has confirmed the names of a number of recent investors in the team, including NFL Hall of Famer Joe Montana and Reddit co-founder Alexis Ohanian. The full list of investors, which has been published over at Yahoo eSports, includes Tesla board directors Antonio Gracias, Kimbal …