Home Business Team Liquid Parent aXiomatic Adds $21.5M Investment

Team Liquid Parent aXiomatic Adds $21.5M Investment

by Andrew Hayward
  • aXiomatic, the parent company of Team Liquid, has raised $21.5M USD in funding from undisclosed investors.
  • The company disclosed more than $50M in funding in 2018, including a $26M round in October that included retired NBA star Michael Jordan.
  • aXiomatic has also invested in companies such as Epic Games, BITKRAFT, and Super League Gaming.

aXiomatic Database-Link-e1521645463907

, the parent company of esports organization Team Liquid Database-Link-e1521645463907, has raised $21.5M in new funding, according to a recent SEC filing.

The document does not list the investors in this latest funding round, and aXiomatic has yet to comment on the news. According to the SEC document, the firm sought $25M in funding. The Esports Observer has reached out to aXiomatic for further details.

aXiomatic has seen a steady flow of funding come into the company over the last year. In October, the company announced a $26M funding round that included investment from NBA legend Michael Jordan. This followed a previous $25M Series B funding round last April, bringing 2018’s disclosed funding past $50M in total.

Related Article: Michael Jordan Invests in Team Liquid Parent aXiomatic, Joins $26M Funding Round

Team Liquid has a franchised slot in the League of Legends Database-Link-e1521645463907 Championship Series (LCS) and also competes in games such as Counter-Strike: Global Offensive Database-Link-e1521645463907, Dota 2 Database-Link-e1521645463907, Hearthstone Database-Link-e1521645463907, Fortnite, and Super Smash Bros. The team’s sponsors include Alienware Database-Link-e1521645463907

, Monster Energy Database-Link-e1521645463907, SAP, Honda, Twitch Database-Link-e1521645463907, Jersey Mike’s Subs, HyperX Database-Link-e1521645463907, and NEEDforSEAT Database-Link-e1521645463907.

aXiomatic has also invested in several other companies in and around the esports industry, including Fortnite developer Epic Games Database-Link-e1521645463907

, financial management and engagement platform Matcherino Database-Link-e1521645463907, startup incubator and investment firm BITKRAFT Database-Link-e1521645463907, and amateur tournament organizer Super League Gaming Database-Link-e1521645463907.

AlienwareaxiomaticbitkraftCounter-Strike: Global OffensiveDota 2FortniteGlobalHearthstonehondaHyperXJersey Mike’s SubsLCSLeague of Legends Championship SeriesMonster EnergyneedforseatSAPSuper League GamingSuper Smash Bros.Team Liquidtwitch



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