28 August, 2020 | By Anzu
This week marks several prominent strategic partnerships and investments coupled with proactive initiatives that enable the world of video games and esports to advance at flash speed. Read on to get all the details in our weekly news digest!
FC Barcelona has followed in the footsteps of Manchester City and established a strategic esports partnership with Tencent which covers competitive gaming competitions, education, and industry exchange. As part of the collaboration, Barcelona will “engage in deep communication” with the Chinese giant regarding improving its esports presence. Over the last 12 months, Barcelona has expressed its intention to develop its esports division, with the competitive gaming industry expected to generate revenues of over $1 billion this year, claims Insider Sport. The specifics of the partnership have yet to be revealed, but bearing in mind that Tencent is the owner of Riot Games, the creator of popular esport League of Legends along with its new title Valorant, and also possesses a 40% stake in Epic Games, the developers of Fortnite, the deal can no doubt strengthen Barcelona’s existing properties in esports.
Hypercasual gaming platform Gamezop has raised $4.3 million in Series A financing, in a round led by Bitkraft Ventures. Gamezop is an India-based company which licenses HTML5 games and embeds them in other apps, including Firefox, India Today, and Samsung My Galaxy. It also includes a competitive format that allows users to win prizes. According to GamesIndustry.biz, with this investment, the platform intends to expand into Southeast Asia and Latin America, as well as to add more game formats.
Dignitas is launching an initiative to advance opportunities for women in esports and provide aspiring female players with resources, whether they are in beginner, amateur, or professional roles. Dubbed as _FE (stands for “Females in Esports”), the group will hold female gamer competitions, establish online social communities on Discord, create a female-focused gaming-centric clothing line, hold live events at Dignitas’ headquarters in Los Angeles and greater New York City, and sign new female competitors and creators. Find more details on how Dignitas, which already has a female team playing CS:GO and Riot Games’ Valorant, is building a female gaming community on VentureBeat.
Swedish esports tournament management platform Challengermode has closed a $12M USD investment led by the eWTP Innovation Fund, Alibaba Group’s global investment arm. Other investors who participated in the financing round include Telia Ventures and GP Bullhound, as well as returning investors Back in Black Capital and Swedish soccer player Zlatan Ibrahimovic. Challengermode is looking to use the investment’s proceeds to focus on growing its customer base, advancing technology development, and expanding into North America, reports the Esports Observer.
Wargaming has released its team-based mobile MMO World of Tanks Blitz for Nintendo Switch, marking the first partnership between Wargaming and Nintendo. The developers say that there will be cross-play compatibility between the Switch, PC and mobile devices, meaning that those who already have a Wargaming account can carry over their progress to console. Moreover, players on Nintendo Switch will receive free gifts to get them started – 1,000 gold, two tanks, and three days premium account access. See more details on PocketGamer.biz.
Anzu.io is an in-game advertising platform that brings real-world brand ads to video gaming and esports. Backed by BITKRAFT Esports Ventures, WPP, and Axel Springer Digital Ventures, Anzu redefines digital advertising through seamless integration of non-intrusive ads into the gameplay. Bringing real-time data and programmatic to the video gaming world, the platform promises native advertising, brand safety and ad viewability. Follow Anzu on
LinkedIn, Facebook and