Fundz

Bragg Closes Us$8.7 Million Financing Arrangement

PUBLIC · BRAGSep 13, 2022

Round Type

Funding Round

CanadaOtherMedia And EntertainmentGaming

Description

Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) ("Bragg" or the "Company"), a global B2B gaming technology and content provider, announced today that it has closed the funding amount of US$8.7 million pursuant to its previously announced convertible security funding agreement (the "Agreement") with Lind Global Fund II LP, an investment entity managed by The Lind Partners, a New York-based institutional fund manager (together "Lind"). Bragg intends to use the funding for general and corporate working capital purposes.

Quick answer

Bragg Gaming Group raised an undisclosed amount in a Funding Round round, dated September 13, 2022. Bragg Gaming Group is based in Canada.

How much did Bragg Gaming Group raise?
Bragg Gaming Group raised an undisclosed amount in a Funding Round round on September 13, 2022.
What does Bragg Gaming Group do?
Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) is a content-driven iGaming technology provider and owner of leading B2B companies in the iGaming industry.
Where is Bragg Gaming Group based and how big is it?
Bragg Gaming Group is based in Canada. Fundz records about 510 employees.
Who are the decision-makers at Bragg Gaming Group?
Fundz holds 1 contact at Bragg Gaming Group, including the Chief Technology Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Media And Entertainment and Gaming around the same time

Companies in the same sectors as Bragg Gaming Group that raised within 45 days of this round, from Fundz verified event records.

  • AmazeVR raised $32M on September 29, 2022.
  • AmazeVR raised $17M (Funding Round) on September 27, 2022.
  • Rusk Media raised $9.5M on August 17, 2022.
  • OpenWeb raised $170M (Series F) on October 27, 2022.
  • Pixaera raised $5.8M (Funding Round) on October 27, 2022.
  • Immersive Gamebox raised $104M (Funding Round) on October 25, 2022.

Who to call at Bragg Gaming Group, and when

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Company Information

Company

Bragg Gaming Group

Location

130 King Street West, Suite 1955

Canada

About

Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) is a content-driven iGaming technology provider and owner of leading B2B companies in the iGaming industry. Since its inception in 2018, Bragg has grown to include operations across Europe, North America and Latin America and is expanding into an international force within the global online gaming market. Through its wholly owned subsidiary ORYX Gaming, Bragg delivers proprietary, exclusive and aggregated casino content via its in-house remote games server (RGS) and ORYX Hub distribution platform. ORYX offers a full turnkey iGaming solution, including its Player Account Management (PAM) platform, as well as managed operational and marketing services. Nevada-based Wild Streak Gaming is Bragg's wholly owned premium US gaming content studio. Wild Streak has a popular portfolio of casino games that are offered across land-based, online and social casino operators in global markets including the U.S. and U.K. Nevada-based Spin Games is Bragg’s wholly owned B2B gaming technology and content provider currently servicing the U.S. market. Spin holds licenses in key iGaming-regulated U.S. states and supplies Tier 1 operators in the region. Find out more.

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Related People

1 contact
Verified contactsPeter L., Chief Technology Officer hiddenSee plans and pricing
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Bragg Gaming Group raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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