GGTech Entertainment Secures Investment

GGTech Entertainment Secures Investment

Investments

21 June 2023 13:57

GGTech Entertainment secured $12.4m investment. The investment is done by Glisco Partners and investment management company Heart Beat. José Parrilla, co-founder and CEO of GGTech Entertainment stated “As the leading organiser of multi-language esports events and tournaments in Europe, MENA and Latin America, we are very confident about our growth prospects in the US. Video games, and esports in particular, have been growing in popularity year after year, especially in the US, where more than half of the US population play games on a regular basis. This trend is expected to grow exponentially over the next decade and our goal at GGTech is to strengthen our presence in this market over the next few years. We also have the support of major brands and publishers, who we already have solid alliances with, to help contribute to our growth in the US market."

Tags: GGTech Investments

Share:

Sources:

Report mistake   

Submit news   

Related news

View All

Qlan Secures $200k

Indian esports platform Qlan secured $200k investment. The investment round was led by Marwah Sports, CIIE.CO and Faad Network. Qlan...

Investments

Jun 28, 2023

Guild Esports Secures $760k

Guild Esports has successfully raised $760k through a recent fundraiser. Guild Racing, the organization's sim racing roster will benefit from...

Investments

Jun 20, 2023

Blue Ocean Games Reveals New Fund

Blue Ocean Games, has officially launched with a $30 million investment fund aimed at supporting indie game developers at the...

Investments

Apr 23, 2025

Motorsport Games Receives $2.5m Investment

Motorsport Games has announced a strategic investment worth $2.5 million (~£1.8 million), led by Delaware-based virtual reality (VR) technology...

Investments

Apr 16, 2025

Kameha Ventures Reveals New Fund

Kameha Ventures has launched a €25 million ($27 million) fund aimed at supporting early-stage startups in the games technology sector. The...

Investments

Apr 01, 2025

GGTech Entertainment Secures Investment

Investments

21 June 2023 13:57

Tags: GGTech Investments

GGTech Entertainment secured $12.4m investment. The investment is done by Glisco Partners and investment management company Heart Beat. José Parrilla, co-founder and CEO of GGTech Entertainment stated “As the leading organiser of multi-language esports events and tournaments in Europe, MENA and Latin America, we are very confident about our growth prospects in the US. Video games, and esports in particular, have been growing in popularity year after year, especially in the US, where more than half of the US population play games on a regular basis. This trend is expected to grow exponentially over the next decade and our goal at GGTech is to strengthen our presence in this market over the next few years. We also have the support of major brands and publishers, who we already have solid alliances with, to help contribute to our growth in the US market."

Share:

Sources:

Report mistake   

Submit news   

Related news

View All

Qlan Secures $200k

Indian esports platform Qlan secured $200k investment. The investment round was led by Marwah Sports, CIIE.CO and Faad Network. Qlan...

Investments

Jun 28, 2023

Guild Esports Secures $760k

Guild Esports has successfully raised $760k through a recent fundraiser. Guild Racing, the organization's sim racing roster will benefit from...

Investments

Jun 20, 2023

Blue Ocean Games Reveals New Fund

Blue Ocean Games, has officially launched with a $30 million investment fund aimed at supporting indie game developers at the...

Investments

Apr 23, 2025

Motorsport Games Receives $2.5m Investment

Motorsport Games has announced a strategic investment worth $2.5 million (~£1.8 million), led by Delaware-based virtual reality (VR) technology...

Investments

Apr 16, 2025

Kameha Ventures Reveals New Fund

Kameha Ventures has launched a €25 million ($27 million) fund aimed at supporting early-stage startups in the games technology sector. The...

Investments

Apr 01, 2025