Esports Pulze secured SEK $17.5M in pre-IPO funding.
Esports Pulze, an Örebro, Sweden-based esports company, announced that it completed a private placement of SEK 17.5 million ($1.8M).
The name of the investors were not disclosed. Epulze intends to publicly float its shares in 2020.
Esports Pulze, was founded by three Swedish brothers Mattias, Markus and Pontus Lövgren with the aim of creating solutions for online gamers via the Epulze platform. The platform offers players access to competing for prize money and other prizes as they can join automated tournaments and challenges.