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Luckbox raises additional $627K CAD prior to public listing

Esports betting platform Luckbox has secured an additional $627,650 CAD (£371,217) in investment, taking the total amount currently raised to $4.5 million CAD (£2.66 million).

The company announced that it had raised $3,878,224 CAD in the first tranche of the funding round earlier this month.

Luckbox is looking to list itself publicly after seeing custom grow substantially, seemingly due to the lack of sports at the hands of COVID-19. Those who contributed towards the latest investment have not been disclosed at the time of writing.

Quentin Martin, CEO of Luckbox, spoke on the ongoing raise: “Esports has been one of the few industries to thrive during the Covid-19 outbreak and its enormous potential has been brought into sharper focus.