May Investment Recap: Fnatic Adds Funds to Grow Asia-Pacific Presence, Early-Stage Investments, and Acquisitions – The Esports Observer

May Investment Recap: Fnatic Adds Funds to Grow Asia-Pacific Presence, Early-Stage Investments, and Acquisitions – The Esports Observer

During May 2021, The Esports Observer tracked eight investments raised by esports-relevant companies. Disclosed investments amounted to $36.6M USD, bringing the total sum of disclosed investments in 2021 to $3B. 

Financial terms were not disclosed for all deals highlighted in this article. 

Fnatic Raises Funds to Expand into the Asia-Pacific Markets 

Credit: Fnatic

British esports organization Fnatic announced that it has raised a $17M financing round led by Japanese business conglomerate Marubeni Corporation to drive further global growth. Further investors that participated in the funding round include a range of international family offices and institutional investors, alongside venture debt from Bootstrap.  

Marubeni’s investment will incorporate a strategic partnership to support Fnatic’s expansion into the Japanese esports sector, and the Asia-Pacific market. As part of the partnership, Fnatic’s base of operations in Japan will be expanded and Marubeni will support the relocation of Fnatic’s Rainbow Six Siege team to the country. 

Early-Stage Investments 

Credit: Beastcoast

Esports team and gaming content network Beastcoast closed a $2.5M Pre-Seed financing round from investors including Andover Ventures, Elevate Ventures, Techstars, NJ/NY Gotham FC owner Steven Temares, and High Alpha Ventures managing partner Scott Dorsey. The
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