Cavea Secures a $1.23M Financing Round

Danish esports and gaming sponsorship and advertisement analytics firm Cavea announced that it has raised a €1M EUR ($1.23M USD) financing round from new and existing investors with additional support from The Danish Growth Fund, Vækstfonden. The company is looking to use the additional funding to “consolidate and expand the product offering, grow the team, and put full focus on commercialization.”

Cavea is partnered with several esports organizations including Fnatic, Astralis, Ninjas In Pyjamas, Team Envy, and PSG Talon.

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