Generation Esports recently announced the organization was able to raise $10.8 million for student esports tournaments and leagues across the globe. Altos Ventures and FJ Labs were some of the leaders in this round of funding.
The company reportedly intends to use the money to fund numerous student esports and community projects, including the High School Esports League (HSEL). The HSEL is a competitive esports organization for high school students located in North America, Australia, and New Zealand. They also plan to support the Middle School Esports League.
“When we talk about equity and inclusion in gaming, we know that they’re playing worldwide,” Farrah Jackson, the head of diversity and inclusion and strategic growth at Generation Esports, said in an interview. “The piece that is really missing is the discussion connecting to the college and career opportunity. Our overall goal is to drive the mission that all students have an opportunity to participate in esports or gaming, and use it as a foundation to talk about science, technology, engineering, and math.”
Generation Esports was founded in 2012 and is currently based in Kansas City, Missouri. The company has 59 employees and has raised $11 million to date.
(All information was provided by LinkedIn and Venture Beat)
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