Category: portfolio

Congratulations to Bountie on their Initial DEX Offering

We would like to congratulate our portfolio company, Bountie, for launching the Bountie Hunter Initial DEX Offering with Enjinstarter. This is a leap forward to connect millions of web 2 gamers to web 3 games. We wish them all the very best in this journey and look forward to their growth in the coming months.

[Portfolio Update] Resurgence and Vividthree in Discussions to Produce Esporting Events

[For Immediate Release]

SINGAPORE, 28 SEPTEMBER, 2020 – Vividthree Holdings Ltd (SGX:OMK) (the “Company”) is in discussions with RSG RESURGENCE ESPORTS PTE. LTD. (“Resurgence”) to co-create new esports events that will raise the bar in gaming and esports content development.

Vividthree Holdings Ltd, a diversified entertainment company specializing in the production of immersive experiences with mixed technologies, and Resurgence, a Singapore-based, Southeast Asian-focused professional esports organization, will combine their strengths to co-produce immersive esports events that will redefine the esports fan experience in Southeast Asia.

The potential partnership will leverage on Resurgence’s expertise and network across Southeast Asia’s esports industry and tap on Vividthree’s technological expertise in augmented reality (AR) and computer-generated imagery, to bring top quality content to a broad audience in Southeast Asia.

These events include live environments for gaming, garnering crowds akin to the world’s biggest sporting events, with fierce fans and competitors forming highly immersive experiences that cannot be replicated in front of a computer screen. The events, which are slated to begin from 2021 onwards, will integrate state-of-the-art immersive technology into esports content production, such as displaying high fidelity statistics, visualizations, and data-driven stories that give them deeper insights into the live game; offering unique esports experiences for offline and online attendees.

“We are proud to be partnering with Resurgence to push the creative frontiers of digital technology content in the esports space. We are excited about the application of VR and AR technologies to transform the e-athletic experience for participants and audiences and to create new kinds of experiences that will, in turn, transform the sporting world. We look forward to creating highly immersive and interactive events that will digitally transform esports content together with Resurgence,” said Charles Yeo, Managing Director of Vividthree.

Jayf Soh, Founder and CEO of Resurgence said, “As part of our regional expansion plans, we are targeting to reach 150 million gaming audiences in Southeast Asia by 2021. The partnership brings together the best of esports content and technological innovation to elevate the content quality and engage audiences like never before. It aligns well with our goals to create exciting stories and sustainable careers for professional esports players and content creators, and we are excited to scale new heights with Vividthree.”

Shareholders should note that discussions and negotiations are at a preliminary stage, and are ongoing. The Company will make further announcement(s) if and when there are any material developments as appropriate.

Taken from Vividthree’s Press Release

Disclaimer: Gamerforce Ventures is the first institutional investor (through Gamerforce Global Ventures I) in RSG Resurgence Esports Pte. Ltd. with the round closed in February 2020.

First Close of Resurgence’s Seed Round, Complete

Recently, we have the honor to be featured by DealStreetAsia regarding our portfolio company having a first close in their Seed round. Looking forward to the final close and growing together with the team. 🙂

[For Immediate Release] Congratulations: Champions of Mobile Legends MPL MY/SG Season 5

[From the Office of the Founding Managing Partner]

Our portfolio company, Resurgence, has managed to win the Championships for Mobile Legends: Bang Bang MPL MY/SG Season 5 with much hard work from the team.

We congratulate Resurgence for the job well done and look forward to more good news to come from the team.

If you would like to partner with Resurgence, please feel free to contact us at portfolio_support@gamerforce.ventures.

From Lance and Team of Gamerforce Ventures

Announcement: Introducing our First Portfolio Company!

Gamerforce Ventures is delighted to be part of an undisclosed round in Singapore’s largest esports organizations, Resurgence. Other angel investors also participated in the round.

Led by Mr. Jayf Soh, a veteran in the industry with 8 years of experience across different scopes of work in esports, Resurgence was started as a way to give back to the community that enabled him to live his dream.

Resurgence aims to create gaming celebrities, champions and role models for the industry. Their players build and connect with fans around the world through their popularity as professional gamers, catalyzing the high-performance teams compete in high stakes tournaments with huge prize pools that draw big viewership numbers. This allows them to work with top companies and organizations who believe in our brand and how esports can positively influence their target audience. To date, they have secured multiple top Singaporean companies and other MNCs as their sponsors. These include SingTel, Razer, and SecretLabs (backed by Heliconia Capital Management).

We would like to welcome Jayf and the Resurgence team on board the Gamerforce family and wish them all the very best in their future endeavors in the upcoming years.

From: Lance Quek | Founding Managing Partner | Gamerforce Ventures

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