PandaScore, a French startup focused on artificial intelligence-driven statistics and odds data, announced today that it has raised €5M (£4.55 million) in a Series A funding round.
The round was led by French VC firm Serena alongside esports and gaming investment firm and Team Liquid owner, aXiomatic Gaming. VC firms Alven and KB Partners also participated.
Flavien Guillocheau, Founder and CEO of PandaScore, commented in a release: “Esports’ explosive growth is dependent on better data. Better data lets media companies broadcast more engaging content, bookmakers offer better esports products, and teams and tournaments capture more lucrative sponsoring money.