Back to the Sports Tech Newsfeed

G-Loot secures $56M in funding round

Related Topics: G-Loot, Sweden

Swedish esports start-up G-Loot has revealed that it has secured $56M (£43.2M) in its latest funding round.

The online esports platform is said to be preparing for expansion across gaming platforms and into other markets.

Credit: G-Loot

Founded in 2015, the platform is the parent company of online tournament platform Global Loot League, which hosts a range of online and offline tournaments – some of which have been in partnership with the likes of PUBG Corporation, Tencent, and Electronic Arts.

Patrick Nybladh, CEO of G-Loot, commented on the investment in a release: “We’re very excited to be taking this next step.