Esports Team Closes $10.8 Series A Funding Round That Includes Steve Aoki
A very eclectic mix of investors have come together to pump money into the parent company of a prominent esports team. ReKTGlobal, the owner of esports Team Rogue, has closed a $10.8 funding round that was led by entrepreneur, philanthropist and musician Nick Gross.
Joining Gross in the round are Steve Aoki, Imagine Dragons band members and manager Mac Reynolds, Live Nation, Larry Rudolph, partner of Maverick Management, Ozone Entertainment founder Bret Disend, and 1916 Management founder Jonny Gordon along with other sports, media, and entertainment investors.
The Series A round of funding will help Team Rogue pay for entry into the new League of Legends Europe Championship (LEC), where Team Rogue will serve as the only North American esports team to secure a spot without previously participating in the organized competition.
“Nick Gross and the investors selected for this round bring incredible expertise and connections in the entertainment world that will help fuel Rogue’s international growth as a pro gaming powerhouse with esports superstars, celebrity supporters and a rabid fanbase,” said Amish Shah, co-founder of ReKTGlobal.
Team Rogue is also very competitive in games such as Rocket League, Fortnite, FIFA, CS:GO and RainbowSix. The incoming money will additionally assist the organization’s growth in those games and other popular titles.