Tveter’s investment is part of Veloce’s ‘Angel’ funding round, which has now closed with further announcements due shortly. His stake increases the valuation of the multi-million pound company as it now proceeds to Series A funding.
The rapidly growing esports organisation, which officially launched in June 2018, has already claimed a number of successes in its short history as the group has established itself as the number one racing esports viewership network in the world, with a monthly audience of over 35 million.
The appointment of Tveter as Chairman further strengthens the management structure for the organisation. Tveter will work alongside Business Director Rupert Svendsen-Cook, Commercial Director Jack Clarke and Sporting Director Jamie MacLaurin, as they continue to expand the company internationally.