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Oxygen Esports merges with Boston uprising; raises USD 20 million in funding
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Dec 16, 2021
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Dec 16, 2021

Oxygen Esports merges with Boston uprising; raises USD 20 million in funding

Funding
M&A

<ul><li>Oxygen Esports, a multi-title esports team organization, has merged with Boston Uprising, an esports team organization owned by the Kraft Group, to acquire the 12th Call of Duty League (CDL) Boston franchise slot left vacant due to OpTic Gaming’s merger with Envy Gaming last month.</ul>

  • Oxygen Esports also announced a USD 20 million funding round led by Banner Ventures with participation from notable NBA and NFL personnel, including Danny Ainge (Boston Celtics) and Rob Gronkwoski (Tampa Bay Buccaneers).

<ul><li>The purpose of the latest funding round was not disclosed, but USD 20 million is close to the range other CDL franchise slots have been sold for in the past .</ul>

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