Esports and Gaming Raises
It is quite common now to see raises upwards of ~$15 Million.
Within the past 12-24 months, more money has been going towards teams, organisations and esports start-ups. Some focusing on data and analytics, influencer and joint ventures.
To give some perspective, game development studio Hammer and Chisel, raised ~$11Mill(AUD) to create a mobile MOBA, similar to that of League of Legends. They eventually pivoted into one of the most popular VoIP platforms , Discord. Which recently announced they have raised ~$213Mill (AUD) surpassing $2B valuation.
Hammer and Chisel (Game Studio)
Pivot to Discord