Immortals LLC Announces Close of Series B Fundraising, Raising $30MM; Rebrands to Immortals Gaming Club

Funding Rounds

Summary

LOS ANGELES--(BUSINESS WIRE)--Global esports organization Immortals LLC announced the close of its Series B fundraising totaling $30 million USD. “This fundraise is a major milestone in the evolution of this organization and furthers our ambition to build a distinctive, best-in-class esports and gaming organization: a values driven company, focused on promoting and celebrating inclusivity and diversity; a brand-specific approach to team ops, targeting deep engagement with high-affinity audience and community; a strong management team with complementary endemic and non-endemic experience and expertise; and a uniquely positioned, highly strategic investor base.” IGC will initially have two operating businesses: Gamers Club, which will continue to operate its successful community hub for CS:GO in Brazil while expanding into different games and geographies; and IGC Esports, which will operate IGC’s competitive esports rosters under the Immortals, Los Angeles Valiant and MIBR brands. Company co-founders Yuri "Fly" Uchiyama and Juliano “Memelo” Mirandolli will continue to operate Gamers Club and lead the platform’s expansion into different games and geographies. “IGC’s vision to unite esports and gaming platforms will deliver the best possible experience for current and future members of the Gamers Club community,” Uchiyama said. “We look forward to working with IGC to create this best in class experience across Counter-Strike and other games.” To deepen its commitment to the country and region, IGC and its CS:GO team MIBR (Made In Brazil) has also established local Brazilian team and business operations with Renan Philip, former CEO of PAIN Gaming, the first Latin American organization to have a gaming house, leading those efforts.

$ Funding

$
Amount $30.0M Total raised
Date May 1, 2019 Announcement date
Investors March Capital Partners Lead investors
Company https://www.immortals.gg Funded company

Classifications

industries
No industries detected
applications
No applications detected

AskAI Classifications

Labels
No AI classifications detected

Linked Companies