Type
Business expansion
Country
France
Region
île de France; Val-de-Marne;
Location of affected unit(s)
Saint-Mandé
Sector
Information / Communication
Information Service Activities
Digital Infrastructure Services
63.12 - Web portals

100 jobs
Number of planned job creations
Job creation
Announcement Date
21 September 2021
Employment effect (start)
1 October 2021
Foreseen end date
1 October 2022

Description

Founded in 2018, the digital football card platform Sorare has raised a further USD 680 million in funding, following on from the €500 million raised in June 2021, which will enable it to recruit 100 employees within a year.

Sorare has developed a game platform where football fans can collect cards and play with official football-related crypto-goods. The game is based on the latest Ethereum blockchain standards and the performance of virtual teams is determined by the performance of real players in national and international competitions. At the moment, the company employs around 20 people.


Sources

Citation

Eurofound (2021), Sorare, Business expansion in France, factsheet number 105347, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/105347.