EGW-NewsNerd Street Gamers Raises $ 11.5 Million Additional Funding
Nerd Street Gamers Raises $ 11.5 Million Additional Funding
0
0
4616
Esports firm Nerd Street Gamers raised $ 11.5 million in additional funding, with venture capital firm Founders Fund spearheading the funding round.
According to the press release, the additional funds will be used to accelerate the company's growth.
Despite the closure of venues due to the coronavirus pandemic, Nerd Street Gamers continued to grow thanks to the firm's digital offerings, which ranged from Nerd Street +, a subscription service, to a number of online tournaments.
Don’t miss esport news and update! Sign up and recieve weekly article digest!
Sign UpThis funding round began after the company raised $ 12 million in its first round of funding in October 2019. Since then, Nerd Street Gamers has partnered with companies such as Riot Games and continues to open stadiums in Austin, Texas, Philadelphia and St. Louis.
Leave comment
Did you like the article?
0
0
Latest News
Team BDS Names Alexander Lopez as New CEO, Teases Rebrand and Launches Community Initiative
16
Riot Games Embraces Gambling Sponsorships for Valorant & LoL Amid Esports Financial Struggles
1151
Steam Faces Escalating Spam and Stolen Game Crisis
1114
Esports World Cup Keeps Attracting Stars: Post Malone to Perform at the Opening Ceremony
2195
Cristiano Ronaldo Becomes Global Ambassador for Esports World Cup 2025
3036
Why More International E-sports Events Are Eyeing Sydney and Melbourne
4531
4 mistakes to avoid when starting out in sports betting
12261
Esports World Cup 2025 Full Qualification System Revealed
13537
How to Choose the Best iGaming Payment Methods for Beginners
19641
Quake: Is the Game of Generations Still Alive in 2025?
20603
Comments