TEG Holding Pte. Ltd., through its leading brand, Mineski Global, the premier esports and gaming organization in Southeast Asia, has announced a USD10.6-million Series A funding round led by Exacta Capital Partners and with participation from the New York-based Endeavor Catalyst. This deal was advised by Rocket Equities, a Southeast Asia focused M&A advisory firm.
With a vision to gamify the world and bring out the gamer in everyone, Mineski Global provides all-encompassing, tech-powered solutions that put the gamer at the front and center of value creation. Beyond the original esports leagues, platforms, and content that has always been their core, Mineski Global today combines the best of creative, content, engagement, and technology to create unbeatable experiences and bring to life new opportunities for brands through esports marketing.
Mineski Global has cemented itself as the leading esports tournament organizer with its presence across the region–introducing innovations that are shaping Southeast Asia’s esports and gaming industry. This includes a casual gaming platform that introduces the competitive nature of esports in a massive and rapidly expanding mobile-first market. Mineski has brand partnerships with global brands such as Moonton, Tencent, Riot, Globe Telecom, Gameloft, Oppo, Acer, Plan B, and Oreo.
Ronald Robinson K. Robins, founder, chairman and CEO of Mineski Global, stated, “Our trailblazing spirit is helping us drive the future. With the tremendous growth of esports and gaming, we believe this is the right time to invest in that future. As we evolve and continue to disrupt the esports and gaming industry, we’re unlocking opportunities for brands and gamers alike, defining new ways of engagement and entertainment. We are grateful to have the support of institutional investors in fueling our explosive growth.”
Mineski Global has seen strong growth over the last few years and is projected to more than double its sales in 2021.
Vincent Yang, director of Mizuho Asia Partners Pte. Ltd., representing Exacta Capital Partners, stated, “We’re excited to invest in Mineski Global as it is uniquely positioned to create and capture value in the esports ecosystem. The team’s deep esports experience, track record, and execution capability set it apart from other esports enablers. Moreover, we believe in the founders’ vision to expand esports to a broader audience via new media formats, such as Mineski Games and GG Trucks.”
Allen Taylor, managing director at Endeavor Catalyst, stated, “Mineski Global is the largest esports organization in Southeast Asia. We’re excited to partner with the CEO, CFO, and the rest of the team of Mineski Global on their next stage of growth. As they continue to scale, we are excited for what this means for the global esports industry and the region.”