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    Epulze Esports Company History and Financial Crisis

    liquipedia.net/dota2/Epulze

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    Company Overview
    • Swedish esports production company founded by three Lövgren brothers
    • Headquartered in Örebro, Sweden with $2,045,633 prize pools
    • Hosted monthly cups from 2018 to 2021
    • Had subsidiary in Kuala Lumpur, Malaysia (shutdown in 2024)
    Major Events
    • Launched regional leagues for amateur players in 2020
    • Organized Southeast Asia regional leagues for DPC 2023
    • Co-organized Lima Major 2023 with 4D Esports
    • Hosted Bali Major 2023 with IO Esports
    Financial Crisis
    • Players and teams claimed unpaid prize money for 2023 SEA DPC
    • Company owed $500,000 USD from sponsors and partners
    • At least seventeen public and six anonymous claims emerged
    • Underwent restructuring in June 2024 with layoffs
    • Swedish and Malaysian laws prevented company dissolution
    • CEO Markus Lövgren accepted responsibility for payment issues

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