Eindhoven-based esports platform CityLegends raises €1.7M

Eindhoven-based esports platform CityLegends has secured €1.7 million in a new funding round, signaling continued growth in the European digital sports sector. This investment allows CityLegends to expand its platform for street sports and culture internationally. The platform aims to connect athletes, creators, and fans through digital media and interactive features. The funding round saw participation from GFR Fund, Dutch Sport Tech Fund, Leisure Fund, and SportInnovator, with follow-on investments from LUMO Labs and LeanSquare. CityLegends, founded in 2020 by Jimmy Hermans and Thijmen Verkerk, currently provides users a space to share content, discover local spots, and compete in street esports challenges. These features include tracking and comparison of user performance data. This investment will enable CityLegends to expand into new markets, enhance platform features for both free and paid users, and grow its B2B media unit. The company also plans to develop "culture playbooks," digital engagement tools to help brands connect with urban sports communities. This expansion reflects the growing global recognition of urban culture, particularly with its inclusion in the 2028 Olympics.
To provide multilingual access, this article summary was automatically generated.
Source Information
European Alternatives You Might Like
Mangopay
Mangopay is a payment infrastructure provider specializing in payments for marketplaces and platforms. It offers virtual wallet technology for managing funds, enabling features such as split payments, multi-currency support, and KYC/AML compliance. Key functionalities include automated payouts, transaction monitoring, and customizable payment flows. This service is primarily aimed at businesses that manage marketplaces, crowdfunding platforms, and sharing economy models and require complex payment solutions. Mangopay distinguishes itself by offering a flexible and scalable payment solution specifically designed for platform-based business models, allowing them to control cash flows and streamline payment processes.
Scaleway
Scaleway is a European cloud computing provider offering a range of services, including servers, storage, and networking solutions. Key features include bare metal servers, virtual machines, object storage, and managed Kubernetes. It's suitable for developers, startups, and businesses seeking cloud infrastructure for web applications, data storage, and various other workloads. Scaleway distinguishes itself through competitive pricing and a focus on European data sovereignty, with data centers in France and the Netherlands.
