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Monday, March 27, 2023

G2 Esports raises €15 million

Spanish esports club G2 Esports, based in Germany, have raised $17.3 million through a fresh round of funding. The money will escalate the team’s footprints at the global front.

The groups which led the funding included Parkwood CorporationEverblue Management, TopGolf Media, Yext, Seal Rocket PartnersDan Gilbert, and Al Tylis.

In 2016, G2 Esports had entered into partnership with Vodafone for their League of Legends squad.

“The backing from this distinguished group of business leaders is a testament to the future growth of this organization,” said G2 Esports CEO Carlos “ocelote” Rodriguez.

“After an incredibly successful 2018 where we positioned ourselves as one of the leading entertainment assets in esports, G2 is doubling down on international growth, and continuing our investment in world-class content creation. We have partnered with the right investors, who have a deep understanding of a variety of entertainment industries, and significant experience in scaling successful companies and brands.”

G2 Esports now have active squads for the following games:

  • League of Legends
  • CS:GO
  • HeartStone
  • Fornite
  • Clash Royale
  • Rocket League
  • PUBG
  • Rainbow Six Siege
  • Super Smash Bros

G2 Esports’ League of Legends squad currently holds the position at the top of the ladder in the league with an 11-1 record.

Deepak Ojha
Deepak Ojha
Founding Editor, TalkEsport

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