Berlin-based startup and eSports software developer DOJO Madness has received two million EUR in the first financing round.
The investment is one of the first and also one of the biggest investments in German eSports today and shows that eSports is receiving more attention on the German market. Among the investors are companies such as 500 Startups, March Capital Partners, DN Capital, The Hive and London Venture Partners (LVP), who are holding shares in Supercell, currently the largest gaming-enterprise in the world. Also involved is Angel investor Kristian Segerstrale.
Dojo Madness is known for their mobile app Lolsumo, which is a virtual coaching software for the eSports game League of Legends. The company is also developing a platform called Bruce.gg, which is supposed to automatically create game-analyses and simplify tactical coaching for eSports games. An official presentation will be taking place during the ESL One in the Commerzbank Arena on June 21st and 22nd.
The company was founded by former Team Europe CEO and co-founder of Delivery Hero, Markus Fuhrmann, Mathias Kutzner, founder of Fyber and A Space for Art, as well as Jens Hilgers. The latter was CEO of the TV-station GIGA, which specialized in multimedia entertainment and video games and is one of the founders of the Electronic Sports League (ESL) and one of the world’s largest eSports platforms with over four million users.
Get the latest news and stories regarding marketing, sponsoring, advertising and investments in eSports.