Allied Gaming & Entertainment Announces Strategic Investment From Elite Fun Entertainment Co.
Dec 28, 2023•almost 2 years ago
New YorkEntertainment ProvidersInvestors
Elite Fun Entertainment Co., Ltd.Elite Fun Entertainment Co. Ltd.Allied Gaming & Entertainment, Inc.
Description
Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “AGAE”), a global experiential entertainment company, announced today that Elite Fun Entertainment Co. Ltd., a premier player in the Macau cultural and entertainment industry, has agreed to a strategic investment in AGAE.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers