Swedish esports company G-Loot has raised 18.7 million pounds ($25 million) in funding round.
The investments came from both new investors and current investors including Swedbank Robur, a subsidiary of Swedbank Robur AB, and asset management company Norron.
With the net funds, G-Loot will bolster prize pools and enhance its ongoing expansion and support its ambition to become the world’s leading online esports company as well.
In January 2018, G-Loot closed $12.1 million in an investment round led by Swedbank Robur.