Rivalry raises $20m in funding round and eyes IPO before 2022

Esports operator to develop product and launch licence procurement strategy following capital raise

Canadian esports betting operator Rivalry has raised $20m in its latest funding round as the group sets its sights on an initial public offering (IPO) later this year. Rivalry revealed the capital injection was sourced from investors across Canada, the US, Europe and an undisclosed “major gaming operator”. The Toronto-based firm said it would use…

esports | Esports Entertainment Group | Luckbox | Rivalry | Strategy