# Ignite Tournaments

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ignite-tournaments

- Industry: Software
- Headquarters: Panama City, Panama
- Website: www.ignitetournaments.com
- Total disclosed funding: $3M
- Latest round: Seed (Dec 2, 2021)
- Investors on record: 11

## About

Founded in 2021 and based in Panama City, Panama, Ignite Tournaments operates as a provider of an online gaming tournament that allows users to play, earn, and stream through the use of a mobile application. In December 2021, Ignite Tournaments raised USD 3 million in seed funding co-led by Ascensive Assets and Yield Guild Games, with participation from Arca Capital, D1 Ventures, Eden Holdings, and some other investors.

The company offers a play-to-earn mobile esports tournament organization and streaming platform with payouts in crypto and NFTs. The company's ecosystem is built on Moonbeam.

The company plans to use the seed funding to support the development of its mobile app, an esports organization, and streaming platform.

## Funding rounds

- Seed, Dec 2, 2021, $3M — Arca Capital, Ascensive Asset Management, Mechanism Capital, Genblock Capital, Morningstar Ventures, Yield Guild Games, SkyVision Capital, D1 Ventures, Eden Holdings, Ghaf Capital Partners, MoonBoots Capital

## Investors

- Arca Capital (https://capitalatlas.ai/funds/arca-capital) — Seed
- Ascensive Asset Management (https://capitalatlas.ai/funds/ascensive-asset-management) — Seed
- Mechanism Capital (https://capitalatlas.ai/funds/mechanism-capital) — Seed
- Genblock Capital (https://capitalatlas.ai/funds/genblock-capital) — Seed
- Morningstar Ventures (https://capitalatlas.ai/funds/morningstar-ventures) — Seed
- Yield Guild Games (https://capitalatlas.ai/funds/yield-guild-games) — Seed
- SkyVision Capital (https://capitalatlas.ai/funds/skyvision-capital) — Seed
- D1 Ventures (https://capitalatlas.ai/funds/d1-ventures) — Seed
- Eden Holdings (https://capitalatlas.ai/funds/eden-holdings) — Seed
- Ghaf Capital Partners (https://capitalatlas.ai/funds/ghaf-capital-partners) — Seed
- MoonBoots Capital (https://capitalatlas.ai/funds/moonboots-capital) — Seed