The Esports Advocate has learned that Berlin-based esports data firm Bayes Esports Solutions GmbH was put under administration and filed for insolvency in late May (case no. 3602 IN 3585/25). On Aug. 1, the Charlottenburg district court in Berlin determined that Bayes is both illiquid and over-indebted, triggering a main insolvency proceeding (Hauptinsolvenzverfahren) in accordance with EU Regulation 2015/848. The court received the insolvency filing on May 26.
Berlin-based attorney Dr. Benedikt de Bruyn has been appointed as the court-mandated insolvency administrator. Creditors—including former employees, service providers, investors, and esports-data-feed partners—must submit their claims by Oct. 24, 2025, and may inspect the insolvency table at the Charlottenburg court registry.
A creditor’s meeting (Gläubigerversammlung) is set for Sept. 12, 2025, at the Charlottenburg district court to elect a creditors’ committee, decide on the commissioning of an insolvency plan under German insolvency law, and approve any major transactions such as asset sales or merger agreements.
Leading up to the insolvency, Bayes has let go of most of its staff. Sources close to the company say only a small core team remains, working either to sell assets or negotiate a merger and help displaced employees find new homes.
Reports on internal turmoil first surfaced in June and July, when former employees took to Linkedin and X to describe a wave of redundancies. Until now, Bayes’ overall financial health remained unclear—public posts hinted at cuts but offered no definitive picture of the firm’s runway.
The Esports Advocate learned of the insolvency filing and operational issues earlier this week through anonymous tips and by noting that Bayes’ corporate website was offline for several days (An archived version, still listing former executives, has since been restored). Repeated outreach to Bayes’ current leadership and its partners went unanswered as of publication time.
Although Bayes’ management has not publicly detailed the causes of its distress, however, the firm was deprived of a key client after losing its Esports World Cup Foundation data contract. In June 2025, the Esports World Cup organizer awarded its live-data services contract to competitor GRID Esports. It is also unclear what the status of the partnership it signed with Genius Sports in March is, as of this writing (TEA reached out to Genius Sports on Tuesday, but the company did not respond to a request for comment).
In October 2024, then Co-CEO Martin Dachselt announced via Linkedin that he would step down to “pursue new endeavors,” while remaining on Bayes’ advisory board. Then Co-CEO Amir Mirzaee subsequently absorbed Dachselt’s executive duties.
Since its founding (initially under the name DOJO Madness), Bayes raised more than €9 million EUR ($8.3 million USD) from investors, including Las Vegas Sands, BITKRAFT Ventures, and PAC Capital. In August 2023—roughly half a year after its investment in Bayes— investor PAC Capital attracted scrutiny when the Australian Financial Review questioned certain public claims by its founder, Clayton Larcombe. Shortly after PAC’s investment, Larcombe replaced BITKRAFT’s Jens Hilgers as Bayes’ board chairman.