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Esports Gaming League taps ‘Series A’ Funding, pre-money value GBP5.5m 

Esports Gaming League taps ‘Series A’ Funding, pre-money value GBP5.5m 

By Roger Aitken – With eSports revenues projected to reach USD1.8 billion worldwide by 2022 and seeing a robust CAGR of 22.3 per cent, the Esports Gaming League (EGL), an agency providing a platform for gamers to enter tournaments across multiple games on a global basis, has launched a ‘Series A’ funding valuing the business at around GBP5.5 million (cUSD6.7 million) on a ‘pre-money’ basis.