Esports tech start Grid Finder is creating new jobs after securing a £100,000 investment to take it to the next level of growth.
The investment will see founders Tom Bunten and Nikhil Patel take on two more developers to help grow the early stage start-up, which has already secured additional funds from private investors. Esports forms part of the global digital leisure growth sector, making Grid Finder a high potential startup.
Its platform helps participants find racing, while helping esport community managers manage their race calendars, results and standings, communication and much more. The deal marks the first equity investment through Creative UK from the North of Tyne Culture and Creative Investment Programme and forms part of a wider equity funding round, which has private match investment of £325,000 plus another £200,000 to £300,000 in soft commitments towards its £1m-plus seed investment round.
