G:Loot secures $56 million from Robur, CNI and Inbox Capital.

Sweden Investments 05 October 2020
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G:Loot, a Stockholm, Sweden-based esport operator, completed a capital raise totalling SEK 500M ($56M).

The money was raised from new and existing investors including Robur, CNI and Inbox Capital, in a deal that values the company at SEK 1.3bn ($143 million), pre-money. The announcement was made as the company prepares its public listing for 2021.

G:Loot, founded in 2014 as Gumbler and led by CEO Patrik Nybladh, developed a platform that lets gamers compete and win real money against friends and random opponents. The company operates PUBG platform Global Loot League and the card game platform TopDeck.

Prior to this round, G:loot raised $12.2M in 2018 and $25M in 2019.