A new investment fund, EdgeX, has been launched to capitalise on the growth of the esports industry. The fund is a collaboration between Gambling Media Group, Ace Capital, Evgeniy Roshchupkin, and Adar Ziv, bringing together expertise from the gaming, iGaming, and media sectors.

Roshchupkin, former CEO of Tundra Esports and a former executive at Red Bull, is credited as a General Partner of EdgeX. On LinkedIn, he stated the fund “recognises the immense potential of the esports industry and its ability to engage millions of gaming enthusiasts globally.”

EdgeX aims to support innovative projects and companies that contribute to the development and expansion of the esports ecosystem. In his post, Evgeniy said to be open to discuss opportunities in esports with industry contacts.

Gambling Media Group is a global performance marketing agency focused on the gambling vertical, while Ace Capital is a hedge fund manager with experience in iGaming, esports, and crypto markets. Adar Ziv is also CCO of Gambling Media Group and a General Partner at Ace Capital.