FEG Secures US$15M in Series A Funding

fegFEG, a Chinese eSports company, completed a Series A funding round of close to 100m Chinese Yuan (US$15m).

The round was led by China Sports Capital, joined by SAIF Partners and Sea of Stars Capital.

The core business of FEG is to create a commercialization model for the global eSports sector, driving the growth of mobile eSports worldwide.

The company has formed a global strategic partnership with Tencent’s KPL and launched the Korea King Pro League (KRKPL).

FinSMEs

18/10/2018

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