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Recently Funded|Amount: USD 20.0M|Industry: Entertainment Providers

Galaxy Racer Secures $20M Funding to Accelerate Global Dominance in Esports and Transmedia Innovation

Galaxy Racer

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51-200 employees employees (Est.)
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Galaxy Racer (GXR), a rapidly emerging Transmedia Powerhouse in the dynamic world of esports, content creation, music, and sports, today announced a milestone funding round of $20,000,000. Founded in 2019 by Paul Roy, Galaxy Racer has quickly evolved into a global leader with over 100 content creators who collectively amass more than 500 million followers and generate over 2.5 billion monthly views. The funding will fuel further expansion of GXR’s multifaceted portfolio, which spans competitive teams, content production and events, consumer goods, innovative digital rights management solutions, and a cutting-edge record label, GXR Records. In addition, Nigma Galaxy, the company’s competitive esports division and a collaboration between Team Nigma and Galaxy Racer, boasts an impressive roster of ten world-class teams across blockbuster titles such as Dota 2, League of Legends, CS:GO, Fortnite, VALORANT, PUBG Mobile, BGMI, and Free Fire. With a robust presence spread across North America, the Middle East and North Africa, Southeast Asia, South Asia, and Europe, GXR has leveraged partnerships with major brands including Netflix, McDonald’s, Tencent, LaLiga, Riot Games, Nike, Samsung, Walt Disney, and Garena to set industry standards for content and media excellence. The recent capital raise is earmarked to accelerate these strategic initiatives by enhancing brand endorsement deals, streaming contracts, digital content creation, and live event production. This infusion of funds will also drive technological innovations in social media management and monetization strategies while further solidifying Galaxy Racer’s position as a trailblazer in the global content and esports landscape.
May 18, 2025

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  • Brand Endorsements
  • Streaming Contracts
  • Social Media Management
  • Content Programming
  • Event Management

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