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New Deal


Announced

Completed

SoftBank Group led $16m Series A round in Community Gaming.

Financials

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Transaction Value£12m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Online and Social Platforms

Venture Capital

platform

Acquisition

Private

Private Equity

Completed

Single Bidder

Cross Border

Friendly

United States

Synopsis

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SoftBank Group led $16m Series A round in Community Gaming, an all-in-one global earnings platform and competitive organizer, with participation from Animoca Brands, Binance Labs, BITKRAFT Ventures, Griffin Gaming Partners, CoinFund, Hashed, Multicoin Capital, Shima Capital, Polygon Studios, ConsenSys Mesh, Jeff Zirlin, and Gabby Dizon. "Community Gaming's position at the intersection of esports and blockchain technology grants us a tremendous opportunity to lead the growing conversation around gaming in web3. These resources will allow us to further support 'Earnings for Everyone' systems that reward action and time, a re-imagining of the social contract of work as people look for new ways to create supplemental income through gaming," Chris Gonsalves, Community Gaming CEO.

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