ST. LOUIS — St. Louis-based esports startup Mission Control said Tuesday it has plans to expand its team and technology after raising $1.75 million in a seed financing round.
The funding was led by Dundee Venture Capital and also included participation from M25, MATH Venture Partners and St. Louis-based Cultivation Capital.
Founded in 2018, Mission Control has developed technology designed to help organizations and intramural sports groups host esports recreational leagues. Its seed funding round comes during a period of explosive growth for the startup, which had 37 beta clients in January and now counts about 160 customers.
“I grew up playing video games with my brother and my friends as a way to spend time together. For us, it was a social activity meant to gather communities just like traditional rec league sports. With this funding, we are excited to bring the structure of traditional rec leagues and the excitement of esports to social gamers and their communities across the country,” said Austin Smith, CEO and founder of Mission Control.
With the seed funding in tow, Smith said Mission Control plans to grow its product, sales teams, platform and the features of its technology. The startup has six full-time employees with plans to grow to a staff of eight in the near future.
Click here for the full story.
More from the Business Journal
- Chesterfield synagogue sues its insurer over COVID-19 losses
- The Wine & Cheese Place looks to St. Louis city for new location
- Study finds Missouri is one of cheapest states for purchasing a home
- Bar eyes new Delmar Loop development after closing longtime Central West End location
- Why this swim school is expanding during COVID-19
- St. Louisan who leads Carnival looks to resume cruises after COVID-19 shutdown