Vinge has advised the esports company G-Loot Global Esports AB (publ) in connection with its financing round of SEK 500 million - one of the largest esports fundraises globally.
The investment round was completed through a private placement of shares to new investors and certain larger current owners. G-Loot will now focus on expanding its service across gaming platforms, growing the player base and creating a strong, global brand.
G-Loot is the world’s first online esports platform for mobile and PC games where players can compete against each other and win real cash prices. G-Loot democratizes competitive esports by its mission to make it possible for anyone, anywhere in the world, to earn money by playing their favourite games online.