Stanford University has participated in a $46m funding round for Gen.G together with venture capital firms and celebrity investors such as actor Will Smith.
Gen.G, a US-based e-sports conglomerate, obtained $46m in funding yesterday from a consortium featuring Stanford University.
New Enterprise Associates, Conductive Ventures, Battery Ventures, Canaan Partners and SVB Capital, the investment arm of Silicon Valley Bank, also contributed to the round, as did assorted angel investors such as actor Will Smith and footballer Keisuke Honda.
Founded in 2017, Gen.G owns teams competing in e-sports competitions around the world, covering games such as Overwatch, League of Legends, PlayerUnknown’s Battlegrounds, Clash…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
