Investments, Press Release
eSports Startup 'Challengermode' Raises $1.3M - Zlatan Ibrahimović among Investors

eSports Startup ‘Challengermode’ Raises $1.3M – Zlatan Ibrahimović among Investors

After launching the first Nordic university esports championship together with Hewlett Packard’s (HP) sub brand Omen by HP, Challengermode raises a new round totaling $1.3M from strategic and internal investors, including famous soccer player Zlatan Ibrahimović.

The additional funding will allow Challengermode to leverage its recent growth by continuing to build stronger relationships with brands, esports organizations and game developers. Ultimately, this will serve as the next step in Challengermode’s mission of providing the best and most accessible competitive gaming experience for gamers.

Founded in Stockholm in 2014, Challengermode is an online competitive gaming platform that allows regular gamers to compete like professionals in some of the biggest computer games, with prizes ranging from money to sponsored products. The company has quickly grown to become a leading actor in the Northern European esports scene, working with major partners. Twitch, Nordea and Save the Children are a few of them.

“We are now seeing the next phase of esports going mainstream around the world, and we couldn’t be more excited by the brands and investors who have chosen to join us in creating tools for players and brands alike to thrive in this booming field.” – Robel Efrem, CEO & founder of Challengermode

Pre-existing investors

  • Back in Black Capital
  • Jonas Nordlander – CEO Avito
  • Per Brilioth – CEO Vostok New Ventures
  • Ashley Heppenstall – Ex CEO Lundin Petroleum
  • Mats Carlsson – CEO Pareto Securities
  • Jonas Siljemark – CEO Warner Music Nordic
  • Jacob Key – Angel investor
  • Polar Ignition Capital
  • Johan Skarborg – CEO Academic work

About Challengermode

Challengermode provides regular gamers with the pro player esports experience. Its digital gaming platform and highly automated tournament system lets gamers compete in some of the biggest computer games, with prizes ranging from money to sponsored products. Challengermode’s vision is to make esports the world’s largest and most accessible sport.

Source: Press release

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