Fnatic raised $ 17 million in investment

The British esports organization has raised $ 17 million in investment. The investor of the esports organization is the Japanese brand Marubeni, which specializes in food, clothing, chemical materials, steel and others. The deal is expected to accelerate the process of Fnatic's influence on the esports markets in Japan and the Asia-Pacific region, where the organization's Rainbow team will move. Six Siege.

Fnatic CEO Sam Matthews said:"We are so pleased that Marubeni's strategic know-how is spearheading the funding round. Marubeni's knowledge of the Japanese business landscape will be a huge asset for Fnatic as we expand our commitment to APAC."

According to the press release, Fnatic has also expanded its teams globally, including 40 professional esports athletes across eight disciplines and over 100 employees in six offices around the world.

Note that the Marubeni Corporation was founded in 1949 and operates several business groups in Japan ranging from energy and metals to consumer goods and aerospace.

As a reminder, last year the esports organization raised $ 10 million from over 3,500 investors led by venture capital and private equity firm Beringea. In addition, Fnatic is experiencing a period of significant growth and prosperity. The organization reported that its total revenues grew 80% and sales of digital and physical products increased 91% in the first quarter of 2021.