Web3 esports platform FITCHIN has raised $3.5 million in a seed round featuring business angels in the cryptocurrency world as well as venture capitalists, gaming personalities and athletes.
FITCHIN is a Web3 platform that bridges the global gaming community with esports teams and content creators.
The startup will use the funds to focus on infrastructure, community building and partnerships. This will accelerate the development of its esports community hub, tournament platform and NFT marketplace. Additionally, the funding will allow to onboard the first wave of elite esports professionals who will join the FITCHIN community through membership passes, tournament hosting and unique digital collectibles.
Santiago Portela, CEO of FITCHIN, commented:
“We’re very excited to have closed this first round of funding amid the current market conditions. It shows the trust that investors have in our vision, in our team of executives, and in our ability to change and improve upon the ways in which global gaming communities connect.”
The company also announced the appointment of Joe McCann, former Microsoft strategist and notable crypto entrepreneur, as an Official Advisor. Specifically, he will serve as a lead business growth and strategy advisor for the company’s executive team as the platform grows.
