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.

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.”

Singapore-Based Esports Startup Ampverse Lands $12M

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Singapore-Based Esports Startup Ampverse Lands $12M

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