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Tournament platform Epulze secures £4.7m investment

Swedish esports tournament platform Epulze has secured an investment of SEK 57m (∼£4,74m) from its latest funding round.

According to the release, participants in the funding round included Swedish financial group Svea Ekonomi and Norwegian Carucel Finance.

The funding is expected to help the company enter into a ‘new phase’, with the esports tournament platform looking to add new game titles and functions, whilst also expanding its ecosystem. Currently, the platform only supports Dota.

Mattias Lövgren, CEO and Co-Founder at Epulze, commented on securing the funding: “Our user base grew rapidly in 2020 and today we offer a world-class digital platform where we can arrange tournaments with the biggest names in esports.