DreamTeam, a Kyiv, Ukraine-based infrastructure platform and payment gateway for esports and gaming, closed a $5M seed funding round.
The round was led by Mangrove Capital Partners.
The company intends to use the funds to continue to expand its infrastructure platform.
Started by esports entrepreneur Alexander Kokhanovskyy, DreamTeam is an infrastructure platform and payment gateway for esports and gaming. It enables gamers to find teammates, improve skills, manage teams, and earn money.
By leveraging the blockchain and smart contract technologies, the company is building a payment gateway for players, teams, tournaments, and sponsors.
Current platform offerings for players and teams are Counter-Strike:Global Offensive, League of Legends, and soon to be supported Fortnite.