NOVO Esports Secures €300k

Investments

13 June 2024 09:44

NOVO Esports has unveiled a fresh injection of funding, totaling €300k. The capital infusion aims to expand its competitive segment by adding more teams and players, establishing a new office in Milan, and overall enhancing organizational scalability. Notably, Nicolò Sereno, one of the initial investors who participated in a €110k investment through a SAFE deal in late 2023, has opted to continue supporting NOVO with additional financial backing. The organization was founded in 2023 and fields rosters in League of Legends, Rocket League, VALORANT, EA Sports FC, and Teamfight Tactics.

More:Voodoo Acquires BeReal

Emanuele Acerbis, CEO of NOVO, stated “I would like to thank the members for their trust and sharing an ambitious vision, which is to bring Italian esports to the top and ensure that NOVO becomes the first Italian company to compete in all the main esports competitions at European and international level.”

Tags: NOVO Esports

Share: