As the esports industry continues to grow, so does the interest in owning a piece of the pie. Celebrities and venture capitalists are investing millions of pounds, companies are merging together to consolidate, and acquisitions are becoming pretty common, too.
To make things easier, Esports Insider has brought together the major esports investments, mergers, and acquisitions of August 2020, including $189 million (£141.4 million) in disclosed funding.
Veloce Esports raises £4 million, will merge with Veloce Racing
Team organisation Veloce Esports announced it had closed a new funding round, and will merge in its Veloce Racing brand going forward.