网竞科技 operates an O2O platform focused on internet cafés and electronic sports, running an esports town and offering product R&D and event organization. The company’s core offerings include building and operating esports venues (an esports town in Hangzhou’s Xiacheng district), hosting tournaments, and developing esports hardware and software. It plans to use recent funding to invest in esports town infrastructure, support and operate complementary tournaments, acquire clubs, and incubate R&D for soft- and hardware. Management intends to replicate the esports-town model in additional cities over the next 3–5 years to create an integrated esports industry ecosystem. The company emphasizes extending upstream and downstream across the esports value chain and providing offline industry carriers for events, venues, and education.

Total raised

$32M

Funding rounds

1

Latest round

Series A

Latest activity

Feb 2018