Game developer and publisher Epic Games has announced a $2bn (~£1.5bn) round of financing involving Sony Group Corporation and KIRKBI. Epic Games said the financial injection will be used to support the company’s growth, and help advance its vision to …
China Esports Blast: March 2022
Each month, sports digital agency Mailman shares the biggest esports stories and insights from China’s esports scene, along with expert analysis on why they matter. RELATED: China Esports Blast: February 2022 With an ongoing COVID-19 lockdown in Shangh…
Esports Movers and Shakers: March 2022
Each month, ESI compiles the period’s most significant esports movers and shakers. March’s round-up features personnel changes from the likes of FaZe Clan, G2 Esports, Team Liquid, Fnatic and BLAST Premier, among others. Here are the key esports movers…
Esports Around The World: Isle of Man
Esports Around The World is a series of profiles outlining the esports ecosystem in various countries & territories globally. The series ties into our ESI Washington DC event taking place 16-18th May 2022, which will focus on esports’ growth around the…
French bank Crédit Agricole commits to esports with Team Vitality partnership
French international banking group Crédit Agricole has announced a partnership with French esports organisation Team Vitality. As part of the deal, Crédit Agricole has been named Vitality’s official partner, as well as the main partner of the organisat…
GOALS secures $15m in seed funding
GOALS, a new multiplayer football play-to-earn game in development, has secured $15m (£11.42m) in seed funding. The round was led by venture capital fund Northzone, with previous investors Cherry Ventures, Moonfire Ventures and Banana Capital also taki…
FGC and the pandemic: Marginal gains, huge losses
DashFight’s Femi Famutimi writes for Esports Insider to discuss the ups and downs of the pandemic and how it has affected the Fighting Game Community (FGC). The pandemic has had a unique effect on the gaming industry. Unlike several other industries th…
BITKRAFT Ventures receives $2.5m investment from Nazara
Gaming and esports venture capital fund BITKRAFT Ventures has received a $2.5m (~£1.9m) investment from India-based gaming and sports media company Nazara. According to the announcement, Nazara will invest $875,000 (~£666,000) upfront and another $1.6m…
Esports investment report, March 2022: Kappa Meltdown, Monaco Esports, Galaxy Racer
March was certainly an interesting month when it came to investments and mergers. In fact, the most high-profile story of the month isn’t actually tied to esports organisations, but rather an esports bar chain. From Kappa Bar acquiring Meltdown Bars to…
Kore Meltdown announces Hard Rock Cafe partnership
Kore Meltdown, the US-based esports bar franchise branch of the newly-formed Kappa Meltdown Group, has announced a partnership with global hospitality brand Hard Rock Cafe. The partnership will see select Hard Rock Cafe locations play host to Kore Melt…