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":[],"categories":[2],"tags":[278,277],"_links":{"self":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts\/1334"}],"collection":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/comments?post=1334"}],"version-history":[{"count":2,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts\/1334\/revisions"}],"predecessor-version":[{"id":1337,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts\/1334\/revisions\/1337"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/media\/1335"}],"wp:attachment":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/media?parent=1334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/categories?post=1334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/tags?post=1334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}