Now the project he created, Fantasy Chess, is scaling up from an experiment to a business-based startup. Led by CEO Mats André Kristiansen, a former founder of an online grocery store, Oslo-based Fantasy Chess has raised $3 million in initial seed funding led by local VC firm SNÖ Ventures and Coatue, joined by billionaire investors Yuri Milner’s Breakthrough Initiatives and Peter Thiel’s Thiel Capital Fund.
>After testing the fun with Norway Chess at its tournament last May, Fantasy Chess now hopes to open the board beyond that format, where fans often choose players to fill a team and earn points based on their real-life performance. the same. (In that example, participants chose certain opponents’ pieces to follow, won points if they captured other pieces, and lost points if they were removed.)
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