Dignitas operates professional esports teams across multiple games and is the public-facing brand for the company’s competitive teams. The organization fields seven teams, including a League of Legends LCS and Academy team acquired via a merger with Clutch Gaming. New Meta Entertainment (NME) was formed as a parent to own Dignitas’ esports teams, a content and marketing division, and an investment arm. NME’s content business will work with influencers across gaming, sports, music and pop culture to produce video, audio and experiential projects. The investment arm will back startups in the digital sports and entertainment ecosystem, with U.GG cited as its first investment. The Series A Preferred Stock funding of $30 million helped pay in part for the Clutch Gaming merger. The company currently has 34 staff members and 38 professional esports players. Dignitas opened a 3,000-square-foot gaming and content production studio in Newark, NJ, and NME plans a similar Los Angeles facility in 2020.

Total raised

$30M

Funding rounds

1

Latest round

Series A

Latest activity

Sep 2019