- Blue Star is tech investor with stakes in e-payments, e-sports and micropayments
- Recently raised £900,000 to invest into e-sports franchises
- Biggest holding is the stake in micropayments group SatoshiPay
What it does
These companies are based in the UK, India, the US, Singapore, Australia and Canada and participate in a variety of sports.
The funding is two tranches with warrants attached that can raise an additional £1.37mln for the company.
Blue Star said: "Each of the companies will create or acquire a competitive esports franchise to generate revenue from tournament winnings, digital marketing opportunities, sponsorship, membership, merchandise and promotional tours and events."
Micropayments platform SatoshiPay ( Blue Star 27.9%) is currently valued at £4.6mln.
Biometrics payments provider Sthaler (1%) has developed the biometric Fingopay product, which is being trialled in Manchester, at certain universities and festivals.
- Completion of fundraising and investments in esports franchises
- Canadian entrepreneur David Lew will invest £100,000 and become chairman
- SatoshiPay is expanding into the vast cross-border payments business