Berlin, February 6th, 2023 – Bayes Esports, the leading source for official esports live data, announces an investment that brings the total capital raised for the Berlin-based business to €9 Million for 2022.
This investment is part of a series A4 financing led by PAC Capital, whose Chief Investment Officer, Clayton Larcombe, will replace German esports entrepreneur and founder of BITKRAFT Ventures Jens Hilgers as Chairman of the Board.
Clayton Larcombe is one of Australia's most influential esports businessmen. He is the Chairman and lead investor of Picklebet, a global esports and sports betting platform, and founder of PAC Capital, a global fund manager with over $500 million under management. PAC manages multiple funds focused on investments made in the esports and gaming sector, as well as in disruptive innovations. The investment made in Bayes Esports is in PAC Capitals first venture fund, the PAC Private 1, which is searching for the most innovative companies in the esports, gaming, and tech industry.
In esports, Larcombe sees the sport of the next generation: “The future of sports is esports. Esports is growing at such an incredibly fast pace that businesses active in esports need to be fast, agile, and, most importantly, innovative. That is what I see in Bayes Esports. A truly innovative business with the power and the potential to lift the industry to new heights. Bayes is a significant investment in the fund and shows the commitment and belief of PAC to the Esports/gaming sector. I hold close relationships with Jens and the entire BITKRAFT team, as well as with Martin and Amir at Bayes, and am very much looking forward to our journey together.”
Bayes Esports is looking to use the investment to fund recent content partnership acquisitions and partnership extensions, as well as to expand its team and management by bringing in further high-profile experts and talents from various different industries. First steps towards both goals have already been made with the recent announcements of a two-year exclusive live match data partnership with BLAST and the hiring of York Scheunemann as COO. Further announcements are expected within the upcoming weeks.
Amir Mirzaee, CCO & MD of Bayes Esports, commented: “We are delighted to have found a strategic investor and true visionary in the field of esports in Mr. Larcombe, who shares our vision and will work with us to drive the esports industry forward. Being able to secure this investment during a time where investors have grown more and more hesitant is a clear indication to us that we are on the right track and that our message of an ecosystem built around official data is resonating with the industry’s decision makers. We have started out strong in 2023, but there are a lot more announcements yet to come. We will continue to expand our lead as the premier source for esports in-game data and bring truly game-changing innovations to the industry.”
Clayton Larcombe (PAC)
Amir Mirzaee (Bayes Esports)
Team Bayes Esports
About Bayes Esports
Bayes Esports is the world’s leading esports data supplier. We have built an unmatched, diverse ecosystem of 450+ data consumers, covering all relevant use cases from media, service providers, and analytic companies to betting operators and community partners.
With BEDEX, our global, best-in-class data platform, we provide the fastest, most reliable and accurate esports data on the market, powering top tier clients from Google to bet365 with more than 10.000 live matches per year.
Thanks to exclusive partnerships with ESL Gaming, BLAST Premier, and Riot Games for LoL Esports, we are exclusively providing content impacting 80% of official live esports betting turnover.
Our data portfolio is completed by further partnerships with BTS, OGA, and KRAFTON for PUBG: Battlegrounds, allowing us to offer the most relevant range of official data coverage in the industry.
We believe in an open ecosystem and in healthy competition, that drives innovation in the market. Our mission is to drive prosperity and sustainability for everyone in the esports industry.
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The funding willbe used to further expand the data and content offering on its platform and to develop newplatform features that benefit both data suppliers and consumers.