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VERITAS Entertainment raises $10M, unveils LVL gaming centre

Berlin-based VERITAS Entertainment is preparing to open a gaming centre, dubbed LVL, after raising $10 million (£7.72 million) in funding.

The 2,500-square-metre establishment will be launched in partnership with G2 Esports, whose players will use the facilities as a training ground and content hub, and will be able to interact directly with fans through the venue.

LVL’s launch follows a funding round led by BITKRAFT Esports Ventures and other angel investors. VERITAS Entertainment will use the funding to flesh out the arena, expand its operating team, and eventually eye expansion to markets outside of Berlin.