GRID Secures a $10M Series A Investment, Pushes into U.S. Market – The Esports Observer

GRID Secures a $10M Series A Investment, Pushes into U.S. Market – The Esports Observer

Berlin-based esports data firm GRID eSports announced that it has secured a $10M USD Series A financing round from investors including Alinea Capital, Bumble Ventures, Tar Heel Capital Pathfinder, Agileo Ventures, and NFL player JuJu Smith-Schuster. The investment brings GRIDs total funds raised to $11.6M. 

 The company, which launched its esports data services in September 2018 during the FACEIT Major: London 2018, a Counter-Strike: Global Offensive competition, revealed that it intends to use the investment proceeds to grow its data platform and scale its U.S. presence after expanding to the market earlier this year.