ONE Raises New Capital Amid Global Pandemic

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nuraknu

savage
Jul 20, 2016
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ONE Championship now has a total of $346 million of total capital per the company’s announcement on Monday. This comes after the largest sports media property in Asia secured $70 million from investors amid the global COVID-19 pandemic.

Names of the investors were not disclosed but noted venture-capitalist firm Sequoia Capital backs the organization.

Group president of ONE Championship Hua Fung Teh said, “I am full of gratitude for this strong vote of confidence amidst the worst global economic crisis in 100 years.”

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