Press release -
Battleriff Gaming AB initiates a financing seed round.
Gothenburg, Sweden – Battleriff Gaming AB, developing a platform where gamers of all skill levels can challenge each other, grow their skill and play for real money, announces a financing seed round, looking for a €900k for 20% equity. Opening up with €210K from private investors.
Battleriff Gaming AB initiates a seed round for financing the development of the Battleriff gaming platform. Battleriff Gaming AB seeks funding in seed round for a total of €900K. An initial raise of €210K from a group of private investors has been closed.
“The initial funds will enable us to establish the core management team and finetune our proof-of-concept product as we get ready for our ALPHA presentation at Web Summit 2015 in Dublin 3-5 November.” - said CEO Mathias Lindmark
The seed goal funding of €690K will cover the product to market initiative for the Battleriff gaming platform. Including building the core staff, market engagement, team sponsoring and affiliate agreements.
“The goal of the seed round is to finalize our first product development phase, building user traction and establishing our brand in our target markets.
We also have clear plans for the mobile strategy as well as action plans to utilize our good relationships with the gaming community through partnership and sponsoring of known esports and gaming profiles.
Our goal is the official public launch by the last quarter of 2016.” - said COO Antony Sastre
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About Battleriff Gaming AB
Battleriff Gaming AB, established 2014, is a Swedish startup focused on building the leading platform where online gamers can challenge each other and play for real money.
Battleriff has a strong, well-connected and well-functioning team with a diverse background. Bound together through passion for gaming and esports. Battleriff’s mission is to build an entertaining, secure and attractive product that incorporates the DNA of the gaming culture. Something all gamers will love to use, pro and amateur alike.
Gaming and esports are probably the fastest growing online activities with around 800 million active users for Battleriff to target.
To learn more about the partnership or how you can become involved our venture please contact ir@battleriff.com or visit the corporate website at http://ir.battleriff.com.
