13 Sep Mineski Globals raises $10.6m in Series A founding round
Southeast Asian-based esports & gaming company Mineski Global has announced a $10.6m (~£7.66m) Series A raise, led by Exacta Capital Partners and with participation from New York-based Endeavor Catalyst.
The deal was advised by Rocket Equities, a Southeast Asia focused M&A advisory firm.
Image credit: Mineski Global
RELATED: Mineski Global enters marketing partnership with VPGAME
Mineski Global houses a variety of services to both gamers and businesses from original esports leagues & tournaments, to casual-to-competitive mobile gaming platforms, to esports marketing campaigns, to corporate gamification.
Ronald Robinson K. Robins, Founder, Chairman & CEO of Mineski Global, commented, “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. We are grateful to have the support of institutional investors in fueling our explosive growth.”
The company has brand partnerships with global brands such as Moonton, Tencent, Riot Games, Globe Telecom, Gameloft, Oppo, Acer, Plan B, and Oreo.
Vincent Yang, Director of Mizuho Asia Partners Pte. Ltd., representing Exacta Capital Partners, said, “We’re excited to invest in Mineski Global as it is uniquely positioned to create and capture value in the esports ecosystem.
RELATED: LoL, Dota 2, and Street Fighter V among 2022 Asian Games medal events
“The team’s deep esports experience, track record, and execution capability set it apart from other esports enablers. Moreover, we believe in the founders’ vision to expand esports to a broader audience via new media formats, such as Mineski Games and GG Trucks.”
Allen Taylor, Managing Director at Endeavor Catalyst, stated, “Mineski Global is the largest esports organization in Southeast Asia. We’re excited to partner with the CEO, CFO, and the rest of the team of Mineski Global on their next stage of growth. As they continue to scale, we are excited for what this means for the global esports industry and the region.”
Esports Insider says: The Southeast Asian region has been rapidly developing with partnerships and investments into the competitive scene, especially focused on mobile titles. Mineski’s sizable raise will fuel its expansion across other areas in the region as well as bolster its lineup of services.
ESI Podcasts | Digest, Focus, Insight
Asia, Commercial, Investments, M&A, Latest News, Markets, Oceania, Endeavor Catalyst, Exacta Capital Partners, Mineski Global
No Comments