Esports data platform GRID announces $10m funding round

Esports data platform GRID has announced a $10m (~£7.28m) Series A funding round, with NFL player JuJu Smith-Schuster becoming an investor in the firm.

Alongside Smith-Schuster, ‘industry leaders’ behind Alinea Capital, Bumble Ventures, and Tar Heel Capital Pathfinder took part in the firm’s funding round, as well as ‘leading investors in the gaming, iGaming and tech industry’.

According to the release, GRID’s investment will be used to strengthen its US expansion plans. The data platform first expanded its services in the US last year and played a major part in the first-ever esports wager in New Jersey. GRID will also be responsible for powering America’s first esports-only sportsbook in…