Esports investment in May was led by Fnatic raising $17m. There were various mergers and acquisitions, including Enthusiast Gaming’s acquisition of both Icy Veins and Tabwire, as well as two Letters of Intent (LOI) signed by other companies set to make acquisitions of their own.
Each month, ESI collates the period’s significant esports investment news. Here are the key stories from May 2021. To read more about a story below, click the link in the corresponding title.
Spotlighted story
Dominic Calvert-Lewin named Semper Fortis Esports ambassador
English professional footballer Dominic Calvert-Lewin has been made a brand ambassador of esports startup Semper Fortis Esports PLC.