ONE Championship raises $150m from Qatar sovereign fund, Guggenheim Investments

Chatri Sityodtong, founder, chairman and CEO of ONE Championship, at DEALSTREETASIA’s Asia PE-VC Summit 2017 in Singapore.

Singapore-based sports media platform Group ONE, the parent company of ONE Championship and ONE Esports, has closed a $150 million equity financing round led by two new global investors, Guggenheim Investments and Qatar Investment Authority (QIA), according to a statement.

The company has already received about $50 million in equity funding from Al-Rayyan Holding, a wholly-owned subsidiary of QIA, per filings with Singapore’s Accounting and Corporate Regulatory Authority.

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