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EVA.gg raises EUR 5 million in seed funding
Extended Reality
Jul 20, 2022
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Extended Reality

Extended Reality

Jul 20, 2022

EVA.gg raises EUR 5 million in seed funding

Funding

  • EVA.gg (EVA), a French startup building esports-based VR arenas, has raised EUR 5 million (~USD 4.3 million) in a seed funding round led by Trust Esport Ventures and BPI along with two French tech entrepreneurs, Jean Baptiste Rudelle and Alexandre Yazdi.

  • The proceeds are to be used to scale their operations in Europe and enter the US market. The company has signed a franchise agreement to open 30 arenas in Texas, with the first one opening in September 2022. 

<ul><li> Analyst QuickTake : EVA will directly compete with Virtuix , a location-based provider of turnkey full-body VR esports experiences. It accommodates multiplayer experiences with built-in weekly and monthly esports contests. Other location-based providers in our coverage focus on adventure-based experiences.</ul>

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