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eSports Fantasy Sports Messaging Mobile North America Sports

Sleeper Raises $40M in Series C Funding

– Sleeper is a San Francisco, CA-based fantasy sports company.
– Company raised $40m in Series C funding.
– The round was led by Andreessen Horowitz with participation from angel investors including Klay Thompson (Thompson Family Foundation); Shane Battier; and Baron Davis, Byron Jones, Ros Gold-Onwude, Kevin Lin, Tim Chen, and Rich Kleiman and Kevin Durant.
– The new investment will be used to expand the game offerings on its platform and build a new feature called Wallet that will enable users to sync their preferred payment methods to the platform.

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eSports Gaming iOS South Asia Sports

Mobile Premier League Raises Series E Financing; Valued at $2.3 Billion

– Mobile Premier League, the Asian largest esports and skill gaming platform, raised its Series E round of financing at a pre-money valuation of $2.3b.
– The round was led by Legatum Capital with participation from existing investors Sequoia, SIG, RTP Global, Go-Ventures, Moore Strategic Ventures, Play Ventures, Base Partners, Telstra Ventures, and Founders Circle Capital.
– The new investment will be used to finance the company’s global expansion and invest in its technology.

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Digital Entertainment eSports Gaming North America

FaZe Clan Receives Investment From Cox Enterprises

– FaZe Clan, a Los Angeles, CA-based digital lifestyle and media platform rooted in gaming and youth culture, received a strategic investment from Cox Enterprises.
– The amount of the deal was not disclosed.
– The investment extend the existing partnership between Cox Enterprises and FaZe Clan.

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eSports Gaming Information Technology North America Online Games Software Video Games

Genvid Holdings Raises $113M in Series C Funding

– Genvid is a NYC-based provider of interactive livestreaming technologies and services.
– Company announced $113m Series C funding.
– The round was co-led by existing investors Valor Equity Partners and Atreides Management with participation from new investors Third Point Ventures, Cobalt Capital, LightShed Ventures, XN, and Lux Capital, existing investors Galaxy Interactive, Horizons Ventures, OCA Ventures (via OCA’s new growth equity fund), and Makers Fund and strategic partners Huya, NTT DOCOMO Ventures, and Samsung Ventures.
– The company intends to use the funds to establish Genvid Entertainment LLC, a new publishing subsidiary dedicated to producing Massive Interactive Live Events.

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Blockchain Developer Platform Developer Tools eSports Gaming North America Video Games

Forte Raises $185M Series A at $1B Valuation Led by Griffin Gaming Partners

– Forte, an organization building a blockchain-based economic platform for video games, announced it has raised $185M in Series A funding led by Griffin Gaming Partners.
– New and existing investors including Union Grove Venture Partners, Andreessen Horowitz, Battery Ventures, and Canaan also participated in the round.
– The Series A funding values the organization at $1B.
– Funds will be used to accelerate the development of its end-to-end blockchain platform, which lets developers create fungible and non-fungible tokens (NFTs), and build scalable token-based game economies.
– Forte’s economic technology aims to address the growing misalignment between game developers, players, and fans.

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Casual Games eSports Gaming Mobile North America Video Games

Lowkey raises $7M to capture your gameplay moments

– Lowkey has raised $7m in funding for its platform to capture your gameplay moments.
– It has created video editing tools that let gamers post short snippets on social media.
– Casual friend groups to the top esports teams in the nation use Lowkey to record, edit, share and watch moments from their PC gameplay.
– That’s not a bad accomplishment for a team of just eight people.
– And that’s why it has backing from Andreessen Horowitz, the prominent Silicon Valley venture capital firm and other angel investors.

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Developer Platform eSports Gaming Media and Entertainment Mobile Mobile Apps Mobile Payments North America Social Network Software Video Games

Ryu Games raises $2.3M, betting that cash tournaments for mobile games are the future

– Ryu Games, a startup that helps developers add cash tournaments to their mobile games, announced this morning it has raised $2.3 million in a seed round.
– The funds came from a number of investors, including Side Door Ventures, MGV Capital, Velo Partners and Citta Ventures.
– In addition, 500 Startups participated in the round.
– TechCrunch first caught wind of Ryu during its participation in the most recent 500 Startups demo day.
– At the time, we were enthused by the idea of gamers wagering money to go head-to-head with other players on mobile devices.
– Investors appear to back our first impression of the company.

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eSports Europe Information Technology Internet

Organization.GG Raises $610K in Pre-Seed Funding

– Organization.GG is a marketplace that helps streamers interact with their fans through live gaming Experiences.
– The company raised $610K in pre-seed funding.
– Backers included WePlay Esports, QPDigital, and Silicon Valley investors.
– The new investment will be used to continue to expand operations and its business reach, as well as to add features to the platform.

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eSports Europe Gambling

Rivalry Raises US$20M in Funding

– Rivalry, a Toronto, Canada-based internationally-regulated sports betting and media property, raised US$20m in funding.
– The round was led by institutional investors from Canada, the United States, the European Union, and a major gaming operator.
– The company intends to use the funds to scale its operations and country licencing program.
– They plan to pursue a potential going public transaction which it expects to complete this year.

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eSports North America SaaS Video Video on Demand Video Streaming

Maestro Secures $15 Million Series B to Accelerate the Growth of the Creator Economy

– Maestro announced a $15m Series B funding round.
– New investors include NetEase, Sony Music Entertainment, and Acronym Venture Capital, alongside a host of industry titans including Twitch co-founder Kevin Lin and Moonwell Capital, founded by former Activision Blizzard executives Michael and Amy Morhaime.
– Several existing investors also contributed to the round including SeventySix Capital, The Strand Partners, Stadia Ventures, Hersh Interactive Group, and Transcend Fund, as well as early Zoom employees Richard Gatchalian and Aaron Lewis.
– Maestro more than tripled revenue in 2020, grew its team fivefold in the last six months, and paid out millions of dollars to creators since the launch of its monetization tools in May.
– The Series B capital will fuel value chain expansion of its products and continued diversification of its customer base.

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eSports Internet Mobile Apps News North America Recruiting Software Video Games Web Apps

eFuse Raises $6M in Funding

– eFuse is a Columbus, OH-based startup operating the “LinkedIn for gamers.
– Company raised $6m in funding.
– The round was led by Ohio Innovation Fund with participation from: Seth Curry (Philadelphia 76ers, NBA), Denzel Ward (Cleveland Browns, NFL), Ezekiel Elliott (Dallas Cowboys, NFL), and Chase Winovich (New England Patriots, NFL).
– The new investment will be used to expand the platform and continue to grow its community of gamers.

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