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EMERGE Group Secures US$2.2M Funding From Seed Round Led by Farquhar Venture Capital and Arcane Group

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EMERGE Group, announced US$2.2 million in its seed funding round jointly led by Farquhar Venture Capital and Arcane Group. Other investors in this round comprise Blockcrafter Capital and Angel Investors: Mr Victor Lai and Mr Yuen Wong, Founder of a LABS Group, GEMS Esports and Managing Partner of Bitmart. As part of the announcement, EMERGE Group is a rebrand from EMERGE Esports to better differentiate the Group’s plans from its various business units. EMERGE Esports remains as an advertising and marketing consultancy arm for brands and content creators in the esports industry.

EMERGE Group is currently collaborating with Mastercard, with a recent announcement on the Group’s participation in the latest class of the Mastercard Start Path Emerging Fintech program, an award-winning global startup engagement program. The Block 71 alumni is also supported by Startup Junkie, an entrepreneurial support organisation funded in part by the Walton Family Foundation and the US Small Business Administration; EMERGE Group is one of the latest organisations in their portfolio.

As the Group moves in to expand further in Southeast Asia, the seed funds will be used in two primary business units, EMPLIFIVE and EMPOWER. The two business units will develop new commercialisation options to resolve different root problems faced by content creators, brands and other stakeholders in the industry of marketing and advertising.

“EMERGE Group has proven to be a strong player in the game despite being in the industry for only three years. We are very proud to be working with an organisation that has built the foundation for further growth and capturing larger market opportunities,” said Jason Su, Chief Investment Officer of Farquhar Venture Capital.

Neil Su, the Managing Partner of Arcane Group, added “As we have identified various top-notch and innovative organisations to back under our portfolio , we can see the enormous potential that EMERGE Group is able to grow in key markets. Their continuous dedication and hard work in boosting the esports industry as well as their unwavering efforts have definitely earned our trust and support.”

“Despite the tumultuous times and uncertainties due to market factors, we are grateful to our investors and backers for recognising the potential in EMERGE Group. Having achieved over US$2 million in revenue since we started in 2020, and amassing renowned esports teams all over the world to work with us as their preferred commercialisation partner has been no easy feat for the team. We believe that with innovation at the forefront of what we do, we will be able to bring on more opportunities and creative solutions that effectively transform the way our industry functions and how it is being perceived by others.” shared Roy Kek, Chief Executive Officer of EMERGE Group.

Since its launch in 2020, EMERGE Group has made several notable achievements and have become known to continuously make its impact on the esports industry. The Group has garnered a total audience of over 580 Millions through their network of thousands of content creators and players from renowned esports teams, including Bren Esports, Talon Esports, Boom Esports and more.

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Stakelogic Live Casino Launches in Switzerland with 7melons.ch Deal

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Stakelogic Live Casino Launches in Switzerland with 7melons.ch Deal
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Industry-leading content provider makes Swiss live casino debut with 7melons.ch

Swiss live casino enthusiasts will get their first taste of Stakelogic Live’s casino content thanks to an exciting new partnership with 7melons.ch.

Players at 7melons.ch will have full access to Stakelogic Live’s innovative live casino portfolio, which includes groundbreaking titles like Blackjack and Super Stake Blackjack and different Roulette types.

Stakelogic’s live casino output sets a gold standard within the industry. Games are broadcast live from purpose-built studios in Malta and the Netherlands using cutting-edge, high-definition streaming technology, ensuring a unique and immersive experience for players.

The developer already has a strong presence in Switzerland, with its slot selection enjoyed by players at several top casinos. This new strategic partnership with 7melons.ch, a hugely respected casino in the country, will allow it to introduce its live casino offering and cement its position as a must-have developer.

Neil Tanti, Senior Sales Manager at Stakelogic, said: Swiss players have always loved our slot content, and we decided now was the perfect time to introduce our live casino games to the country. 7melons.ch is renowned for its player-centric approach and brilliant platform, which makes it the ideal partner to work alongside for our live casino debut.

Players in Switzerland demand the best from their online casino experience, and our industry-leading software and creative approach to live casinos will fulfill this need.

Gerald Fineder, Head of Online Gaming at 7melons.ch, said: We have long been admirers of Stakelogic’s live casino output, and we can not wait to introduce it to our players. Live casino is a huge vertical for us, and we strive to offer our players the best of the best. Working alongside partners like Stakelogic Live, ensures we achieve this.

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TapNation Fuses Mobile and Web3 with Industry Titans Arbitrum and Sequence

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In a ground-breaking move, TapNation, a leading mobile gaming publisher, announces its integration with giants Arbitrum and Sequence, bringing gold-standard blockchain technology to Monster Squad Rush and Cornhole League.

A Pioneering Step Into the Future of Mobile Gaming

Leading mobile publisher, TapNation is excited to announce a new integration with trailblazers Arbitrum and Sequence. This marks a significant milestone in TapNation’s journey, integrating Web3 features into two of its popular games, Monster Squad Rush and Cornhole League. This initiative underlines TapNation’s commitment to being at the forefront of the Web3 revolution in mobile gaming.

Following successful collaborations with The Sandbox and Immutable, TapNation continues to expand its Web3 commitment, showcasing its dedication to pioneering the integration of blockchain technologies in mobile gaming. The inclusion of Web3 features in Monster Squad Rush and Cornhole League not only enhances the gaming experience but also sets a new standard for innovation in the industry.

Integrating Web3 for Enhanced Gaming Experiences

TapNation, Arbitrum and Sequence are leveraging the unique capabilities of blockchain technology to offer gamers an unprecedented level of engagement and rewards. By integrating Web3 features into these games, players will have the opportunity to earn real-world assets through their gaming achievements, a move that is expected to revolutionize player engagement, growth and retention.

“By working with Arbitrum and Sequence, we’re not just integrating Web3 into our games, we are redefining what mobile gaming can be,” the Web3 Head for TapNation, Philippe Lenormand, said. “This collaboration is a testament to our commitment to innovation and our belief in the potential of Web3 to transform the gaming landscape.”

Sequence is renowned for its seamless, secure and cutting-edge solutions in Web3 gaming technology. As the leading developer platform to integrate Web3 into games, Sequence equips TapNation with the essential infrastructure required to effortlessly blend blockchain technology into its gaming experiences. This integration makes the unique benefits of TapNation’s strategy effortlessly accessible to players. Arbitrum, on the other hand, provides a high throughput and low cost blockchain that is leading the way with games studios like TapNation, who is looking to bring seamless Web3 experiences to the broader gaming audience.

A Future Focused on Seamless Integrations and Innovation

TapNation’s venture into Web3 gaming represents just the beginning of its plans to integrate blockchain technology across its portfolio. The company is dedicated to exploring new ways to enhance gaming experiences through Web3 elements, aiming to set new benchmarks for innovation and player satisfaction in the mobile gaming industry.

“We’re thrilled to collaborate with TapNation and bring the benefits of Web3 to a wider audience through Monster Squad Rush and Cornhole League,” the Head of Strategy and Partnerships for Sequence, Sam Barberie, said. “This partnership is a significant step forward in our mission to make blockchain technology accessible and enjoyable for everyone and TapNation’s proven success as a developer and publisher matches perfectly with our goals.”

“It is fantastic to see a leading games studio like TapNation adopt Web3 features with the view to enhance player experience in two of their leading products,” the Senior Gaming Partnerships Manager for Offchain Labs, David Bolger, said. “The combination of Sequence and Arbitrum will ensure this integration is seamless for the large audience that TapNation captivates.”

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Sportradar and Oddin.gg ink AV betting agreement to elevate and expand esports reach

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Sportradar and Oddin.gg ink AV betting agreement to elevate and expand esports reach
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Sportradar and Oddin.gg, an award-winning B2B betting-solutions provider for esports, today announced they have entered into a multi-year strategic partnership to offer audiovisual streaming of Oddin’s exclusive esports content to Sportradar’s betting operator clients around the world.

The deal will support Oddin.gg’s growth ambitions in the expanding global esports market, whose betting turnover was estimated to be €83 billion in 2023. It will extend the reach of Oddin.gg’s official competition content by leveraging Sportradar’s market leading position as an AV betting provider.

Sportradar’s global network of 900+ betting operator clients will benefit from the opportunity to offer greater volume and a wider variety of live streamed esports events to their customers, increasing opportunities for engagement with existing and new betting markets. The partnership also paves the way for future collaboration in other areas.

Oddin.gg holds the official rights to high-profile competitions including the newly released Counter Strike 2 (CS2) which Sportradar will distribute to sportsbooks through the company’s integrated streaming product, providing access to prominent competitions globally and enabling operators to offer exciting new content to their customers.

A number of prestigious competitions are featured in the partnership, including:

• PGL Copenhagen Major 2024, the first Major for the newly released Counter Strike 2;
• Dacha DOTA2 Qualifiers and Main Events;
• Dacha Counter Strike 2 Qualifiers and Main Events;
• Tipsport MCR 2024.

Patrick Mostboeck, SVP Fan Engagement, Sportradar said: “This agreement further strengthens Sportradar’s esports offering while supporting Oddin.gg in realising their growth plans through AV streaming for betting. Sportradar’s ultra-low latency audiovisual outputs, as well as our comprehensive Live Odds and real-time trading solutions, provide betting operators with the critical materials they need to commercialise the global, highly engaged esports fan base.”

Vlastimil Venclik, CEO and co-founder of Oddin.gg shared: “As the forefront innovator in the esports betting sector, Oddin.gg is embarking on a journey by aligning with Sportradar, a leader in the realm of sports data and content distribution. This partnership is not just a collaboration but a combination of distinct strengths, where Sportradar’s extensive and sophisticated video distribution capabilities are set to be the vehicle for our unparalleled esports odds and analytical insights. This strategic alliance aims to harness the best of both worlds, merging our profound expertise and nuanced understanding of the esports betting market with Sportradar’s wide-reaching video distribution.”

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