Virtual Stadium Developer, Virtex, Raises $3.2M In Funding Round

Virtual stadium developer Virtex recently closed a $3.2 million funding round, which the company says will be used to expand its team. The UK-based startup provides fans with the ability to view gameplay live in 3D in the center of the stadium.

“Through my proximity to and passion for the growing industry of over five hundred million fans, I’ve gained a deep understanding of what those passionate about esports are looking for from their community,” said Tim Mcguinness, Co-Founder and CEO of Virtex. “With this funding and our continued growth, the value of this billion-dollar industry will continue to grow at all levels of the ecosystem, as fans and players alike will have new platforms to connect.”

The funding round was led by Global Founders Capital, All Iron Ventures, Graph Ventures, and Sure Valley Ventures, with angel investors Soccer World Cup winners Mario Götze and Andre Schürrle, and the founders of XL Esports, Wouter Sleijffers and Mark Cater, among others.

(All information was provided by

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