Chinese investors of eWTP Fund invest $12 million in Swedish online business

eWTP Technology & Innovation Fund, the global investment arm of the Alibaba Group and other investors invest $12 million in Challengermode, a Swedish eSports startup.

launched in 2014 Challengermode allows players to find, create, and compete in online tournaments. It has partnerships with the digital festival DreamHack and global football organization FIFA. Other investors includes Telia Ventures, GP Bullhound, Back in Black Capital and Swedish soccer legend Zlatan Ibrahimovic.

(eWTP Technology & Innovation Fund, also known as eWTP Fund, focuses on development of businesses and technological innovation. From May 2019, eWTP Fund has made 4 public investments.)

To see a listing and email addresses of investors from China similar to eWTP Fund, check the Chinese Investors Directory.