Anubis Gaming raises $300,000
Egyptian esports organisation Anubis Gaming has secured $300,000 (~£234,297) in it’s latest round of seed funding.
A regional ecommerce group are the source of the investment, which comes after a separate seed round last month saw Anubis Gaming raise $100,000 (~£78,069). The organisation has raised a total of $450,000 in funding since it’s founding.
Based in Cairo, Anubis Gaming has been competing in the Mena region and internationally since 2015. The following year it was recognized by Egypt’s Ministry of Youth and Sport as an official esports team and granted the rights to represent and compete at both regional and international levels.
Across the five year history of the organisation, it has competed in titles including Counter-Strike: Global Offensive, League of Legends and most notably, Crossfire.
Anubis Gaming Founder, Youssef Mohsen noted that with the funding injection, the organisation plans to “add to their international coaching staff, launch their apparel line, recruit more players to form new teams that will compete on different new fronts. The funds will also be used to move into a fully equipped gaming house and training facility that could host up to 15 players as residents.”