MTG Announces USD 11 million in Investments in Gaming & Esports Startups in 1H 2019
Wednesday, July 17, 2019 — Modern Times Group MTG AB, the Swedish operational investment company focusing on the most promising esports and gaming entertainment opportunities worldwide, today announced its latest VC Fund investments ahead of the company’s Q2 2019 financial report.· Investments in 1H 2019 amount to a total of USD 11 million including capital commitments and span start-up and growth companies in the United States and Germany. · MTG has to date made 20 investments in 16 companies totalling USD 21 million thus far from its VC fund to complement its majority stake investments