Singapore-Based Esports Startup Ampverse Lands $12M
03/29/22, 12:00 AM
Money raised
$12 million
Industry
sports
Singapore-headquartered esports startup Ampverse has raised $12 million in Series A funding led by Falcon Capital. The company says this is the largest Series A raised by an esports organization in Southeast Asia, based on data from PitchBook and other third-party platforms. The round will be used to expand in Indonesia and the Philippines, acquire more esports teams and scale Ampverse’s play-to-earn unit.
Company Info
Additional Info
The company says this is the largest Series A raised by an esports organization in Southeast Asia, based on data from PitchBook and other third-party platforms. Gutierrez told TechCrunch that Ampverse was founded because its team saw a “huge opportunity to create a company with IP and products for gaming fans that sits at the intersection of gaming and popular culture, be it esports teams, merchandise product or other fan experiences.”