Tech Company Financing Transactions
Fitchin Funding Round
Fitchin secured $3.5 million from private investors.
Transaction Overview
Company Name
Announced On
7/18/2022
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand on three main focuses: infrastructure, community building, and partnerships. Its focus on infrastructure will accelerate the development of its esports community hubs, tournaments platform and NFT marketplace. The funds will also be used to onboard the first wave of elite professional esports teams that will join the FITCHIN community through membership passes, hosted tournaments and unique digital collectibles.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Undisclosed, Undisclosed
USA
Undisclosed, Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
FITCHIN is backed by global industry leaders in esports, Gaming, Traditional Sports, Blockchain and Media. UNVEILING SOON. esports has become a global phenomenon, a full-blown shift in entertainment and culture -- and we are just getting started. In the following years Millions will join this movement, at double-digit growth rates, creating more spaces for gamers to meet and play together, and paving the way for new digitally connected communities to thrive.
Management Team
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We do our best to report on funding rounds that are announced publicly. VC transactions reported here are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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