Veritas' LVL is an esports venue for up to 200 attendees.
Veritas' LVL is an esports venue for up to 200 attendees.
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Veritas Entertainment raises $10 million and unveils LVL esports venue in Berlin

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Veritas Entertainment has raised $10 million in funding for its esports event business, and it is also unveiling LVL, a Berlin-based esports and gaming entertainment venue designed for community and competition.

Bitkraft Esports Ventures and additional angel investors made the investment so that the company can build LVL’s infrastructure, scale the team to manage operations, and expand to additional cities around the world.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.