Investment & Fund Management

In the case of PvPRO, an eSports company based in Athens, the client faced significant challenges in establishing a secure online platform for gamers to participate in tournaments amidst a backdrop of capital controls and economic instability in Greece. The CEO, Stamos Venios, recognized the potential of the burgeoning eSports market while working in San Francisco and decided to return to Greece to launch his venture, aiming to contribute to the local economy and demonstrate that innovation can thrive outside of Silicon Valley.

To address the complexities of developing the necessary technology for their platform, PvPRO secured an equity investment from PJ Tech Catalyst Fund, a venture capital fund supported by the European Investment Fund (EIF). This partnership was crucial, as PJ Tech not only provided financial backing but also brought in valuable expertise and connections that were instrumental in the company's growth. The funding allowed PvPRO to expand its team by hiring 12 additional full-time employees, focusing on finding passionate individuals with the right mix of industry expertise and business acumen.

As a result of this tailored support and investment, PvPRO has achieved significant recognition, currently ranking as the second-largest eSports platform globally. The company is optimistic about its future, believing it can further enhance its offerings for the gaming community, thereby creating more job opportunities and contributing to the local economy.