Blue Star Capital PLC (LON:BLU) has raised £35,000 in order to make follow-on investments in its esports teams around the world.
The company had made a follow-on investment of £16,000 in UK-based Guild Esports in order to maintain its shareholding of 11.6%.
This fulfilled the terms of its original £100,000 investments from last autumn, which included anti-dilution provisions and has been necessitated by Guild carrying out an equity fundraise of its own.
