Magnus Carlsen raises $12 million for Freestyle Chess Grand Slam

Magnus Carlsen, investor Jan Henric Buettner and VC Left Lane Capital launched a new company to establish a tournament series that aims to revolutionise the world of chess. The event series will showcase the world’s best chess players in a new format which aims to be attractive for media, spectators and consumers. The participants will be nine super GMs hand-picked by Magnus Carlsen, who has committed himself to playing Freestyle Chess exclusively at the Grand Slam series.