Tech Company Financing Transactions

Veloce Media Group Funding Round

On 7/7/2023, Veloce Media Group landed $50 million in financing from Gem Digital.

Transaction Overview

Company Name
Announced On
7/7/2023
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors

Gem Digital (Lead Investor)

Proceeds Purpose
This is a very exciting transaction. It comes very soon after the announcement of VEXT and our plans to evolve our media and sports group into this truly innovative space; validating Veloce's position as a pioneer in the industry. The GEM commitment will allow us to focus on growth and expansion, through acquisition of more gaming and real-life racing properties, ultimately giving our vast community further VEXT utility and influence.

Company Information

Company Status
Private & Independent
Industry
Blockchain
Mailing Address
58a Bronsart Road
London, England, SW6 6AA
UK
Phone
Undisclosed
Email Address
Overview
Veloce is a leading racing, gaming and lifestyle media platform. The Veloce Group encompasses Veloce Esports, an elite esports brand, operator and platform, Veloce Racing, a pioneering Extreme E team, as well as joint venture esports businesses, Quadrant (McLaren F1 Driver Lando Norris' esports and content team) and Team Pacquiao (legendary boxer Manny Pacquiao's esports team focused on competition and charity within southeast Asia). Beyond its own competitive teams, Veloce Esports operates teams for Mercedes, Alfa Romeo, McLaren and the Abu Dhabi government.
Profile
Veloce Media Group LinkedIn Company Profile
Social Media
Veloce Media Group Company Twitter Account
Company News
Veloce Media Group News
Facebook
Veloce Media Group on Facebook
YouTube
Veloce Media Group on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
James MacLaurin
  James MacLaurin LinkedIn Profile  James MacLaurin Twitter Account  James MacLaurin News  James MacLaurin on Facebook
Co-Founder
Jack Clarke
  Jack Clarke LinkedIn Profile  Jack Clarke Twitter Account  Jack Clarke News  Jack Clarke on Facebook
Co-Founder
Jean Vergne
  Jean Vergne LinkedIn Profile  Jean Vergne Twitter Account  Jean Vergne News  Jean Vergne on Facebook


 

 

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We do our best to report on every notable VC transaction. VC transactions on this site are derived from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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