Freestyle Chess is thrilled to announce its successful funding round, having raised $15,000,000 to accelerate its mission of revolutionizing the world of chess. As a dynamic sports and media company, Freestyle Chess is dedicated to bringing chess into the mainstream by combining more thrilling gameplay with avant-garde storytelling and world-class production quality. With a commitment to elevating a game steeped in tradition, the company is redefining the narrative around chess by organizing a global tournament series that spans all continents. In each tournament, the world’s top 25 players vie for the prestigious title of the best player in the world, while also competing for prize money ranging between $750,000 and $1,000,000 per event.
Co-founded by chess legend Magnus Carlsen and visionary entrepreneur Jan-Henric Buettner, and proudly backed by Left Lane Capital, Freestyle Chess is poised to use the new funds to expand its global tournament series and enhance its cutting-edge production capabilities. The infusion of capital will help transform groundbreaking ideas into impactful realities, from upgrading broadcast technology and production infrastructure to developing immersive storytelling experiences that captivate audiences worldwide. This strategic funding round is not only a vote of confidence from investors but also a clear signal that the future of chess is evolving into an engaging, high-energy spectacle. Through the continued innovation in tournament organization and media presentation, Freestyle Chess aspires to make chess a globally celebrated sport, drawing in a new generation of fans and participants while honoring the game’s rich heritage.
