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Monday, 14 September 2020

Egyptian esports team Anubis Gaming raises USD 300,000 seed

STARTUP WATCH- Egyptian esports team Anubis Gaming raised an additional USD 100k from an unnamed regional ecommerce group last month, bringing their total runding raised to USD 450, Menabytes reports. The team plans to use the funds to expand its coaching staff, recruit more players, and equip a new training facility that can host up to 15 gamers. Designated Egypt's official esports team by the Sport Ministry in 2016, Anubis participates in competitive video gaming tournaments and raises much of its money through sponsorships and prize money.

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