100 Thieves Raised $ 60 Million Investment

North American esports organization 100 Thieves has raised $ 60 million in investment. The organization announced this on its Twitter. The funding round was led by Green Bay Ventures with the support of existing and new investors such as Breyer Capital, Aglae Ventures, Tao Capital and Willoughby Capital.

Nadeshot, Founder and CEO of 100 Thieves:“Our results in 2021 have exceeded all my expectations. We have delivered on our core promise of raising the gaming culture while building a strong business and brand for the long term. 100 Thieves now have capital to launch and acquisitions of new companies that I know our community will like. "

Recall that in 2019, the organization raised $ 35 million. Currently, 100 Thieves is represented in several major esports disciplines including VALORANT and League of Legends. In addition, the organization also has a content creation team that includes streamers and co-owners such as Valkyrae and CouRage.

This year alone, 100 Thieves partnered with Lil Nas X and Lexus and also acquired the Higround brand. The organization said in a press release that the investment will be used to "support the rapid growth of the 100 largest esports, entertainment and apparel companies" and to facilitate new venture launches.