French esports expertise administration company Prodigy Company introduced that it has raised €1M EUR ($1.21M USD) from French esports enterprise capital fund Belief Esport. The company represents greater than 80 gamers world wide, together with younger Counter-Strike: World Offensive expertise Mathieu “ZywOo” Herbaut and League of Legends veteran Paul “sOAZ” Boyer.
Prodigy revealed that it plans to make use of the funding proceeds to spend money on participant well being and efficiency, advertising and marketing and picture growth of its gamers, and recruiting to increase its group, together with expertise agent, advertising and marketing, and gross sales and sponsorship positions. Moreover, the company is trying to financially assist its international enlargement with a deal with the U.S., South Korea, and China.
The corporate moreover introduced that it plans “to contribute and pave the best way to a regulation of esports backing gamers’ careers and rights, in accordance to the sport business insurance policies, together with the sports activities and esports governing our bodies.”