April 13, 2021

Epic Games announces $1B funding round

Fortnite developer and major gaming platform Epic Games announced the completion of a massive $1 billion funding round. The previous investment at $200 million, thanks to Sony Corporation, puts Epic at an equity evaluation of $28.7 billion. The investment will put all of the major titles under Epic into full throttle. Additionally, the company aims […]

July 23, 2020

Samahoma Media Advisors looks to grow gaming initiatives amid COVID-19

In the latest esports industry news, investment advisor Samahoma Media Advisors announced their interest in helping their investor clients to fund esports and other strong media sector companies. As businesses around the world struggle amidst COVID-19, a new investment opportunity arises to aid companies. Through short term funding from the establishment of Insight Media Fund, […]

December 2, 2019

Astralis Group becomes a public company

DENMARK – Esports organization Astralis Group recently announced historic plans to go public next week. Shares in Astralis Group will become tradeable on NASDAQ’s First North Growth Market Denmark on December 9. A “subscription period” took place through November, giving investors the opportunity to back the company before going public. Børsplanerne er klar. Vi har […]

September 20, 2019

Playfull raises $3 million for their new platform

Playfull is a California based company that focuses on creating a platform that can track and analyze player performance across several popular esports games. The information given by the player is then processed. Synthesizing-gameplay performance, redemption behavior, and demographic data are all used to train a propriety-machine learning engine. As a result, players’ donation of […]

August 7, 2019

Shanghai’s esports scene accelerating thanks to The International 2019

As the esports industry grows and untapped potential becomes more obvious, nations around the world are actively developing their esports scene. Newzoo found in their economic report that esports revenue is hitting $1 billion during 2019.  China, and Shanghai, in particular, are special because not only are they growing into the scene, the nation is […]