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Activate Games Secures $72M for Global Expansion

Published 1 week, 5 days ago
Description

Activate Games, a Winnipeg-based company, secures $72 million in debt financing from EDC and RBC Royal Bank to expand its live-action gaming arenas. The funds will support their goal of reaching 100 locations across 12 countries by 2027, with recent openings in France, Mexico, Finland, and London. The company plans to open new arenas in Miami, Las Vegas, Jacksonville, Ottawa, and Montreal next year, aiming for 30 new locations, including Nordic spots, to cater to the growing demand for real-world entertainment.

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