Danish esports organisation Copenhagen Flames has announced that they have been purchased by New Equity Venture International as part of an agreement to "enhance our financial capabilities and to accelerate our current growth," as written in the reveal.
Copenhagen Flames' infrastructure is due to be upgraded so they can compete at higher levels, but it's not only funding that NEVI brings, as there's also knowledge that they can provide regarding organisation, business development, and strategic planning. CEO Steffen Thomsen, head of esports Daniel Vorborg, and co-owner Michael Emcken will still retain their positions are part of this move, and the organisation will still remain in Denmark.
There's no shortage of ambition either, as the organisation writes that "our vision is to build the best organization in the world and to attract and engage fans from all places," so no doubt NEVI will help with this venture moving forward.
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