21st Apr 2021 11:46
Blue Star Capital PLC - esports, payments and technology focused investor - Reports investee Dynasty raises USD5 million at a pre-money valuation of USD45 million. Blue Star exercised its antidilution rights and invested USD650,000 to maintain its 13% holding in Dynasty.
"We are very pleased to have been able to participate in this fundraise for Dynasty. The business, under the stewardship of CEO Matt Lodge, continues to go from strength to strength and we believe has an extremely bright future as esports continues its global expansion," says Chief Executive Derek Lew.
Current stock price: 0.19 pence, up 4.9% on Wednesday
Year-to-date change: down 0.6%
By Will Paige; [email protected]
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