Veloce Media Group is a London-based racing and gaming media group that operates esports teams and a competitive racing outfit. The company recently launched a blockchain utility and governance token, VEXT, as part of its move into token-based products. Veloce claims over 35 million subscribers and nearly one billion monthly views across platforms including YouTube and Twitch, and says it is the world’s largest racing gaming media network. Its brands and partnerships include Mercedes AMG, Ferrari, McLaren, Yas Heat, and a joint-venture sub-brand with Lando Norris called Quadrant. The group comprises Veloce Esports and Veloce Racing and plans to use new financing to grow through acquisitions of additional gaming and real-life racing properties. The reported financing comes via a structured token subscription tied to VEXT and is intended to expand VEXT utility and community influence.

Total raised

$50M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2023