Beastcoast, an Indiana-based esports company, recently announced it secured $2.5 million in a pre-seed round of funding. Several investors took part, including Elevate Ventures, Techstars, Andover Ventures, and Flywheel Fund.
Pat East is executive director of The Mill, a coworking and entrepreneurship center. The company’s Fly Wheel capital fund invested $50,000 in Beastcoast. “Flywheel Fund is so fortunate to have the opportunity to invest in Beastcoast. E-sports viewership is growing by double-digits annually, and Beastcoast is the fastest-growing pro-gaming content creator online,” he said. “It’s just a really cool company with tremendous potential that’s already being realized.”
Beastcoast is a Bloomington, Indiana-based esports and gaming network company. They produce content through 14 different channels and brands generating millions of users each month.
(All information was provided by Inside Indiana Business and Beastcoast)
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