World Chess Raises £1.15 Million From Existing Shareholders

World Chess has been traded on the London Stock Exchange since 2021, making it one of the very few publicly listed chess companies in the world. The new investment takes the form of new shares issued to shareholders who are already in the business and choosing to back it further.

A shareholder vote on 18 March will determine the final number of shares issued.

"This new capital allows us to fund our next phase of growth," said CEO Ilya Merenzon, "and the continued commitment of our existing shareholders gives us both the resources and the confidence to deliver on it."

World Chess operates worldchess.com, the official FIDE-rated gaming platform with over one million users, produces the World Chess Show broadcast across 50+ markets, and is preparing to launch the World Series of Chess in 2026.

Read the full regulatory announcement on the London Stock Exchange here.