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ONE Championship raises $100 Million after Series-C investment
ONE Championship’s capital has passed the $100 million mark after a series C investment led by Sequoia.
This equity investment is expected to further solidify the promotion’s dominant market leadership position in the sports media industry in Asia and accelerate its global growth.
ONE Championship Chairman and CEO hailed the new round of investments as a significant moment for his promotion,
“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.”
Sequoia’s previous investments have a $1.4 trillion market value today and include Apple, Google, Whatsapp, Instagram, YouTube, Cisco, Paypal, Dropbox, Yahoo, Electronic Arts, Symantec, Airbnb and Linkedin
The investment news comes on the back of some strong recent growth for ONE Championship (see below) and Chatri believes these metrics demonstrate that the company is on course for a billion dollar valuation.
“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.”
“Asia has been the home of martial arts for over 5,000 years; ONE Championship is an authentic celebration of Asia’s greatest cultural treasure and its deep-rooted values of honor, integrity, humility, courage, strength, and discipline. ONE Championship resonates strongly with Asian audiences across the continent, delivering record-breaking TV ratings share as high as 26%. ONE has also registered exponential growth in social media video views, annualizing 600 million video views for 2017 vs only 312 thousand in 2014.
ONE Championship’s inaugural event took place in Singapore in 2011. Since then the promotion has put on 50 shows and signed the likes of Ben Askren, Bibiano Fernandes, Shinya Aoki and Angela Lee.
ONE Championship’s capital has passed the $100 million mark after a series C investment led by Sequoia.
This equity investment is expected to further solidify the promotion’s dominant market leadership position in the sports media industry in Asia and accelerate its global growth.
ONE Championship Chairman and CEO hailed the new round of investments as a significant moment for his promotion,
“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.”
Sequoia’s previous investments have a $1.4 trillion market value today and include Apple, Google, Whatsapp, Instagram, YouTube, Cisco, Paypal, Dropbox, Yahoo, Electronic Arts, Symantec, Airbnb and Linkedin
The investment news comes on the back of some strong recent growth for ONE Championship (see below) and Chatri believes these metrics demonstrate that the company is on course for a billion dollar valuation.
“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.”
“Asia has been the home of martial arts for over 5,000 years; ONE Championship is an authentic celebration of Asia’s greatest cultural treasure and its deep-rooted values of honor, integrity, humility, courage, strength, and discipline. ONE Championship resonates strongly with Asian audiences across the continent, delivering record-breaking TV ratings share as high as 26%. ONE has also registered exponential growth in social media video views, annualizing 600 million video views for 2017 vs only 312 thousand in 2014.
ONE Championship’s inaugural event took place in Singapore in 2011. Since then the promotion has put on 50 shows and signed the likes of Ben Askren, Bibiano Fernandes, Shinya Aoki and Angela Lee.