Infinity Esports Starts Seeking Investment for Next Funding Round
Costa Rican esports organization Infinity Esports has announced the start of the second round of funding to search for potential investors. After a successful first round in 2020, which brought the club about $2,000,000 in investment, the organization expects to complete its new phase by the end of the first quarter of 2023. Infinity Esports reportedly wants to use the funds to expand its staff and retail model, as well as grow other business verticals.
At this stage, we are looking for smart money that will allow us to grow intelligently, deliver value in key areas of the club and continue to successfully deliver on the strategic plan. This is the plan that has propelled us exponentially since 2018.
Diego Gonzalo Foresi, CEO of Infinity Esports
According to rumors, the Infinity Esports organization plans to raise about $2,000,000 in investments again. At the same time, do not forget that the club is one of the largest in the Latin American scene, supporting the compositions of the League of Legends, VALORANT, Free Fire, PUBG, Dota 2 and Gran Turismo disciplines. Among the partners of the organization are such well-known brands as BMW, Subway, Kappa and TikTok.
Infinity Esports will reportedly use the raised funds to strengthen sports teams, expand its retail model through franchises, grow its content and tournament production companies, and expand and add new business verticals related to growing audiences and lifestyles.
In addition, the Costa Rican club intends to expand its sphere of influence to many countries in Latin America. This includes building new teams and creating new retail networks.
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