Friday, November 22, 2024
HomeNewsEsports Organisation Tempo Storm raises $3.3 Million in investments to launch a...

Esports Organisation Tempo Storm raises $3.3 Million in investments to launch a game

Esports brand Tempo Storm has raised $3.3 million in a funding round.

In rather an unusual move, Esports Org. Tempo Storm has raised $3.3 Million in series A of funding round to self develop and publish a new game called The Bazaar. The Bazaar will be a deck-building card game where construction of a deck will be the main gameplay focus. The first round of series A funding was led by Technology investor Galaxy Interactive.

At the event, Tempo Storm confirmed that the money raised will be used to propel the company beyond esports and launching the game will be their first step towards that plan. Further, the organization also plans on building a Game Changers franchise, an all-live travel show which will be live-streamed across different platforms.

Speaking with the press, Sam Englebardt, Head of Galaxy Interactive said:

“What impressed us most about Tempo Storm is their vision beyond the traditional esports organization. Starting with the company’s founder and CEO, Andrey Yanyuk, this group is truly innovating in areas such as interactive productions and game development. Sure, they are successful esports competitors, but they are so much more, and it was an easy decision to invest in them.”

Further, Tempo Storm founder and CEO Andrey “Reynad” Yanyuk added:

“While Tempo is well-known in the competitive gaming world, we’ve always operated more as a media company than a sports team. We believe that interactivity is the future of entertainment, and we’re incredibly grateful to be working with investors who share that vision. Our upcoming game and audience-driven shows are blazing the trail in the world of interactive media, and it’s exciting to see that future being realized.”

Tempo Storm currently competes in games such as Shadowverse, PUBG Mobile, Hearthstone, Super Smash Bros., Magic: The Gathering, and Rainbow Six Siege.

RELATED ARTICLES

1 COMMENT

Comments are closed.

Most Popular

Recent Comments

Viometageseergo on Why is Dosia called XGOD?