VR startup nabs funding to leap into esports

Thailand-based virtual reality startup Infofed has received an undisclosed co-investment from Singapore venture capital fund KK Fund and Thai events marketing platform EventPop Shows.

Infofed will use the funding to strengthen its esports business and be a regional esports organizer.

A peek of what’s inside the Thailand E-Sport Arena. / Photo credit: Infofed

It is currently preparing for the University E-Sports Championship (UEC) season 2 in Cambodia, Laos, Myanmar, Vietnam, and Thailand. The event is following its first season launched in Thailand last month.

The startup wants to expand across more Southeast Asian countries for UEC’s third installment.

AD. Remove this ad space by subscribing.Infofed plans to develop eArena, an online esports competition platform that allows users to easily organize competitive games with players globally using a web application.

It will also embrace virtual reality and augmented reality to create “new esports experiences”, which will complement its US$1.5 million Thailand E-Sports Arena facility in Bangkok.