The Esports Players League announced today that it has finished a seed round worth $1 million. Venture capital firm 500 Startups lead the round.<\/p>\n\n\n\n
Esports Players League would not disclose how much 500 Startups contributed, but did not that it\u2019s a \u201csignificant portion\u201d of the $1 million total. This $1 million in funding will help ESPL launch its first tournaments. The company\u2019s first season will run from April to November 2020. Its headquarters is in Singapore.<\/p>\n\n\n\n
Esports Players League is a new esports tournament and platform company. It plans to have a global footprint in 16 countries. While many esports organizations like ESL focus on PC and console, ESPL will devote much of its energy to mobile.<\/p>\n\n\n\n
Esports are a hotbed for investments. Earlier this year, ProGuides raised $5 million for its competitive gaming coaching platform.<\/p>\n\n\n\n
\u201cThrough ESPL\u2019s national franchise model, up-and-coming esports talents can easily participate in global competitions,\u201d EPL notes in a press release sent to GamesBeat. \u201cBy facilitating grassroots participation in what is a rapidly expanding market, ESPL has direct access and exposure to a large, valuable, and often overlooked segment of the esports industry.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
The Esports Players League announced today that it has finished a seed round worth $1 million. Venture capital firm 500 Startups lead the round. Esports Players League would not disclose how much 500 Startups contributed, but did not that it\u2019s a \u201csignificant portion\u201d of the $1 million total. This $1 million in funding will help […]<\/p>\n","protected":false},"author":9,"featured_media":1335,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[278,277],"class_list":["post-1334","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-500-startups","tag-esports-players-league"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t