ONE Championship Raises New Investment, Capital Hits $100 Million
ONE Championship Raises New Investment, Capital Hits $100 Million
ONE Championship has secured a round of equity funding which brings their capital to $100 million dollars.
ONE Champion has grown to become the largest mixed martial arts promotion in Asia, and that growth continues.
On Wednesday afternoon the promotion announced via press release they had secured a "significant" equity investment that has brought their total capital raised to $100 million. Sequoia India and Mission Holdings joined existing investors to bring the Series C round of funding to a close, and the equity raised will ensure ONE Championship's continued growth both in Asia and around the world.
Chatri Sityodtong, Chairman and CEO of ONE Championship, stated: "I am thrilled to announce this partnership with Sequoia. Our mission is to unleash superheroes across Asia to ignite inspiration, hope, strength, and dreams across all segments of society. As one of the most successful venture capital firms in the world, Sequoia has an unparalleled track record of partnering with early stage companies and helping to build them into global market leaders.
"I am confident that Sequoia's expertise, network, and resources will contribute significantly to ONE Championship's success. I am thrilled that Sequoia, Mission Holdings, and Heliconia Capital Management believe in both our mission of unleashing superheroes and our goal of becoming Asia's first multibillion dollar sports media property."
Per the press release ONE Championship's TV ratings share as high as 26 percent and the promotion has also registered exponential growth in social media video views, annualizing 600 million video views for 2017 against only 312,000 in 2014.
ONE additionally partners with FloCombat to ensure fans in the United States have access to select events. ONE: Dynasty of Heroes -- the promotion's debut event on FloCombat -- featured undefeated women's MMA superstar Angela Lee and welterweight king Ben Askren.
On Wednesday afternoon the promotion announced via press release they had secured a "significant" equity investment that has brought their total capital raised to $100 million. Sequoia India and Mission Holdings joined existing investors to bring the Series C round of funding to a close, and the equity raised will ensure ONE Championship's continued growth both in Asia and around the world.
Chatri Sityodtong, Chairman and CEO of ONE Championship, stated: "I am thrilled to announce this partnership with Sequoia. Our mission is to unleash superheroes across Asia to ignite inspiration, hope, strength, and dreams across all segments of society. As one of the most successful venture capital firms in the world, Sequoia has an unparalleled track record of partnering with early stage companies and helping to build them into global market leaders.
"I am confident that Sequoia's expertise, network, and resources will contribute significantly to ONE Championship's success. I am thrilled that Sequoia, Mission Holdings, and Heliconia Capital Management believe in both our mission of unleashing superheroes and our goal of becoming Asia's first multibillion dollar sports media property."
Per the press release ONE Championship's TV ratings share as high as 26 percent and the promotion has also registered exponential growth in social media video views, annualizing 600 million video views for 2017 against only 312,000 in 2014.
ONE additionally partners with FloCombat to ensure fans in the United States have access to select events. ONE: Dynasty of Heroes -- the promotion's debut event on FloCombat -- featured undefeated women's MMA superstar Angela Lee and welterweight king Ben Askren.