Raven, the worldwide esports attire brand, reports that it has secured a $1.4M seed round with a US-based private equity fund.
Raven’s instantly pivot is to swiftly expand its worldwide piece of the overall market and drive product advancement to help shape the subsequent attire within esports.
The capital raised will see Raven execute the development of its unique service offering across product design, manufacturing, marketing and much more for both the expert and grass-root esports markets.
Raven will likewise hope to expand its group, which incorporates recruiting across Europe and North America, while growing new technologies to supplement consumer buying experience.
Sam Wells, Managing Director said: “We have an ambitious strategy for the future of Raven and the capital raised provides us with the platform to execute our vision through the continued development of performance-based products that cater to the needs of professional gamers, communities and grassroots-based programmes. We are tremendously proud to have grown within the esports ecosystem and with a board that has numerous years of experience in the industry we are in a great position to fulfil our goals.”
Raven makes pullovers for a large group of esports associations including Excel, Rogue, London Royal Ravens, Belong Arenas and more.
