Beringea lead a $19m Series A investment in Fnatic – a powerhouse of the global e-sports industry
Beringea recently announced their landmark investment in Fnatic. The $19m funding round – led by Beringea alongside LVL1 Group, and with participation from BlackPine, Unbound and Joi Ito – represented one of the largest ever European e-sports deals and began an exciting new chapter for the business.
On the announcement, Karen McCormick commented: “Too often, investors highlight esports as an ‘up-and-coming’ and ‘burgeoning’ industry. It should be clear that e-sports has arrived and now represents one of the world’s leading entertainment sectors.”