British esports organization Fnatic announced that it has raised a $17M USD 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.
Furthermore, Fnatic has recently added to its leadership team with the addition of Georgina Workman (Head of Studios, previously Appear Here), Julien Dupont (Partnership Development, previously Team Vitality), Oliver Royce (Head of Apparel, previously Gymshark), and Patrick Foster (CFO, previously Getaround).
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