On April 15th, Singaporean esports organization RSG announced the company received a $1 million investment from boutique private equity investment firm Tembusu Partners. The funds will reportedly be used to support the business’s strategy to strengthen capabilities, grow its talent pool, and expand market reach.
“RSG is honored to have the support of strategic investors who believe in our vision, recognize our track record and amplify our steady growth as a leading player in Southeast Asia,” said RSG CEO Jayf Soh in a statement. “As we scale up and diversify our offerings to other aspects of the gaming market, RSG will take a sustainable growth approach to invest in new technologies, expand our operations regionally, and groom the talent pool. We are excited about this new milestone, as we gear up to put RSG on the global map of esports in the near future.”
This is the first of ten planned investments that will be given to South-East Asian esports organizations. Each round of funding is expected to bring in between $1 and $2 million apiece.
RSG recently rebranded itself last year after originally being known as Resurgence. The organization operates teams across South-East Asia that compete in games like Mobile Legends, PUBG, and Call of Duty.
(All information was provided by Yahoo!)
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