Esports giant Mineski Global raises $10.6 million in Series A funding round
Mineski Global, a pioneer esports and gaming organization based in Southeast Asia, has announced that it has raised $10.6 million (equivalent to about P528 million) in Series A funding round led by Exacta Capital Partners and with participation from the New York-based Endeavor Catalyst. This deal was facilitated by Rocket Equities, a Southeast Asia-focused M&A advisory firm.
“As one of the pioneering esports companies in Southeast Asia, we are grateful to be the first to partner with these prestigious institutional investors. The opportunity of forming a relationship with these investors along with having access to the resources at their disposal allows us to build further into our vision for Mineski Global and continue to fuel our explosive growth,” said Ronald Robins, the founder, chairman, and CEO of Mineski Global according to a report by Rocket Equities.
Meanwhile, according to a report posted by Mineski Global on its website, Robins stated the following: “Our trailblazing spirit is helping us drive the future. With the tremendous growth of esports and gaming, we believe this is the right time to invest in that future. As we evolve and continue to disrupt the esports and gaming industry, we’re unlocking opportunities for brands and gamers alike, defining new ways of engagement and entertainment.”
With the investment, Mineski Global will focus on developing its gamification technology, introducing new products, growing its team, and expanding its footprint across Southeast Asia.
Started by a group of college students who dreamt of turning their passion for gaming into a profession, Mineski Global has transformed from enthusiast-level internet cafes to an industry leader in the fast-growing world of professional esports.
Having been able to cement itself as the leading esports tournament organizer with the vision to gamify the world and bring out the gamer from within, Mineski Global now combines the best of creative, content, engagement, and technology to create unbeatable experiences and bring to life new opportunities for brands through esports marketing while staying true to putting the gamer at the front and center of their value creation.
Mineski Global was founded in the Philippines and has expanded across Southeast Asia, introducing innovations shaping the esports and gaming industry and creating partnerships with global brands such as Montoon, Tencent, Riot, Globe Telecom, Gameloft, Oppo, Acer, Plan B, and Oreo.
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