Singapore-based Southeast Asian gaming and esports organization RSG announced that it has secured a $1M USD investment from the Tembusu Partners managed esports private equity fund FrontSight Capital Fund. The investment into RSG is FrontSight’s first of up to 10 planned investments into Southeast Asian esports teams and companies of $1M to $2M each.
The organization revealed that it intends to use the investment proceeds “to support RSG’s mission to engage the youth audience through esports and gaming content creators, by grooming and expanding the regional talent pool, growing its market reach, and strengthening its capabilities with new technologies.”
Furthermore, RSG announced the appointment of Bobby Sim as its chief operating officer. As part of RSG’s leadership team, Sim will oversee the business development, strategic planning, and expansion of the organization in the region.