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Home»Business and Finance»Esports titan Mineski Global raises US$10.6 Million in Series A Funding Round
Business and Finance

Esports titan Mineski Global raises US$10.6 Million in Series A Funding Round

Lion's DenBy Lion's DenSeptember 13, 2021No Comments3 Mins Read
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Mineski Global, the premier esports and gaming organization in Southeast Asia, has announced a US$10.6-million Series A funding round with participation from Endeavor Catalyst and Exacta Capital Partners. This deal was facilitated by Rocket Equities, an advisory firm experienced in capital raising, M&A, and buy-outs.

With a vision to gamify the world and bring out the gamer in everyone, Mineski Global provides all-encompassing, tech-powered solutions that put the gamer at the front and center of value creation. Beyond the original esports leagues, platforms, and content that has always been their core, Mineski Global today combines the best of creative, content, engagement, and technology to create unbeatable experiences and bring to life new opportunities for brands through esports marketing.

The new funding enables Mineski Global to broaden its portfolio in gamification technology, introduce new products, bring dynamic talent into the organization, invest into efficiencies in existing core businesses, as well as expand its footprint in Southeast Asia.

Ronald Robinson K. Robins, Founder, Chairman and CEO of Mineski Global, stated, “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 funding also enables Mineski Global to prioritize identified growth drivers over the short-term.

Robins stated, “Mineski Global aims to create value in the ecosystem by building the infrastructure and aggregating different components into a more attractive industry base. We will reinforce our esports business unit by investing in world-class talents and facilities, as well as expand our esports operations in six major Southeast Asian countries. We will execute online-to-offline media in the region. Moreover, we’re looking to bring casual games to the world of esports, and further explore how we can gamify workplaces and even cities.”

Mineski Global’s institutional investors have also commented on the Series A funding round.

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 esports industry and the region.”

Vincent Yang, a Director of Mizuho Asia Partners Pte. Ltd., representing Exacta Capital Partners, stated, “We’re excited to invest in Mineski Global as it is uniquely positioned to create and capture
value in the esports ecosystem. 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.”

Rocket Equities works with market leaders to raise capital in debt and equity markets, acquire competitors locally and regionally, and create an exit for founders by leveraging its network of 300+ professional investors composed of VCs, PEs, Corporates, and CVCs in APAC.

Mineski Global has seen strong growth over the last few years and is projected to more than double its sales in 2021.

Comments

Allen Taylor Esports Exacta Capital Partners Mineski Global ndeavor Catalyst ogilvypr Rocket Equities Ronald Robinson K. Robins Vincent Yang
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