• MTG has invested in 11 high-potential US and European gaming businesses since announcing its dedicated gaming fund in November 2017
• Investees include innovative online gaming and esports companies, as well as virtual reality experiences
• The investment fund complements MTG’s position in operating leading esports and online gaming brands
Modern Times Group MTG AB (publ) has funded 11 fast-growing companies that bring strategic value to the Group’s owned and operated esports and online gaming businesses. This makes MTG one of the most active investors in the gaming sector, with a broad portfolio of content, tools and live experiences.
Launched in November 2017, MTG’s USD 30 million VC fund is targeting minority investments in 5 to 10 innovative companies a year.
Jørgen Madsen Lindemann, MTG’s President & CEO: “MTG has proven to be an attractive partner for young companies that recognise our values-driven entrepreneurial...