Esports Weekly News – Stories you may have missed!
– Swedish esports team Ninjas in Pyjamas garnered a $600,000 investment from Nyx Ventures. The 500 share buy escalates the valuation for the team at $12.5 million.
– Sliver.tv wants to create the Twitch of VR.
– [Video] Catch the highlights of TSM vs CLG (NA LCS Summer Playoffs Semifinals).
– [Video] The LCS Obsession with Franchising
Highlights: TSM vs CLG (NA LCS Summer Playoffs Semifinals)
Sliver.tv is a VR Twitch for your favorite eSports titles
VR’s content problem has been baffling more than a fair share of co-founders in the space looking to create experiences or networks in the space. Sliver.tv wants to create the Twitch of VR. They’re building tech that turns 2D eSports title live streams into immersive spherical footage viewable on VR headsets and mobile devices.
Sliver.tv does all of this by relying on what they call a network of “virtual cameras.” The platform takes advantage of the full breadth of views available on these streaming network’s spectator mode and records the entire 360-degree spherical environment.
Today, the Cupertino-based company announced that it has raised $6.2 million in Seed funding. Participants in the round including DCM Ventures, Sierra Ventures, The Venture Reality Fund (VR Fund) and Japanese mobile gaming companies GREE and Colopl.
Read the full story here
Ninjas in Pyjamas gets $600,000 investment, new valuation at $12.5 million
Swedish esports team Ninjas in Pyjamas garnered a $600,000 investment from Nyx Ventures. The 500 share buy escalates the valuation for the team at $12.5 million. According to the report, this follows a record year in sales for NiP, with over $2.1 million in revenue—but on $83,000 in profit.
Nyx Ventures is the sole investor in this most recent round, and now joins Emil Christensen and Diglife, among others, as shareholders in Ninjas in Pyjamas.
Ninjas in Pyjamas was originally founded in 2000 as a player-owned and controlled operation. As the organization grew, it had to evolve. Recent controversies, including unpaid wages, rocked the team, however, and resulted in the firing of former CEO Per Lilliefelth. This investment, then, appears to put the company back on track.
“We have solved the previous leadership problems.” Hicham Chahine, Ninjas in Pyjamas CEO, said. “The company is now well established and well prepared for future growth.”
Read the full story here
The LCS Obsession with Franchising