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UNQUOTE
  • Early-stage

PandaScore raises $6m in round led by V13 Invest

  • Eliza Punshi
  • Eliza Punshi
  • 30 September 2020
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Paris-based startup PandaScore has raised $6m in a round led by V13 Invest, with participation from existing investor Alven, sports-tech investor KB Partners and e-sports owner and investor Axiomatic Gaming.

The company, which supplies e-sports bookmakers with AI-led statistics and odds, will use the financing to expand its products, enlarge its teams in Paris and Malta, and cover more e-sport titles.

PandaScore has so far raised around €9m, according to Crunchbase.

According to the company, the trend of engaging in e-sports for entertainment and betting has been boosted by the recent lockdowns in many countries, which have affected regular sports more than they have the online gaming industry. 

Previous funding
In 2015, PandaScore raised an undisclosed amount in seed funding from various investors. A year later, it raised €235,000 in further seed funding. In 2017, the startup raised $2.9m in seed funding from Alven, Global Founders Capital and private investors.

Company
Founded in 2015 and based in Paris, PandaScore is an e-sports data provider to e-sports bookmakers. It collects data about competitive matches on video games such as League of Legends, CS:GO or Rocket League, and delivers it in real time as odds and statistics. The startup has offices in Paris and Malta. According to its LinkedIn page, it has around 50 staff.

People
PandaScore – Flavien Guillocheau (founder, CEO).

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