Rensga Esports secures Series A funding from Componente – Esports Insider

Brazilian esports organization Rensga Esports has secured undisclosed Series A funding from Brazilian investment group Componente. The funding injection comes after Rensga Esports secured a spot in the newly franchised Brazilian League of Legends competition, CBLoL. Image Credit: Alan Moreira / Divulgação RELATED: Riot Games Announces Teams for CBLoL’s Long-Term Partnering Model Componente’s investment is expected to contribute to the BRL $ 4 million price tag (~ 548,440 £) for a franchise place in the new CBLoL. In addition, Rensga will also use the funds raised to expand the Orbi Gaming esports center and improve the team’s training facilities. Rensga Esports and the Orbi Gaming Center are owned by parent company Go Gaming. RELATED: Esports Graphics and Gaming Culture Partner for Brazilian Esports Data On the new investment, Djary Veiga, CEO of GO Gaming, said he was “very happy with the arrival of Componente as a strategic partner in our growth. He is a huge addition to the team mainly for his experience on the solid growth of several companies, such as Bodytech, Soul Cycles and Fast Triathlon, in addition to his tradition of promoting and encouraging the sport. Likewise, João Paulo Diniz, founder of Componente, noted that “thanks to my son, who worked at GO4IT, I got to know the world of esports and I was amazed by the growth, potential and the number of the region, which sometimes exceeds even traditional sports. So I was connected by my son to the leaders of Go Gaming, I liked their project, I learned the potential of the franchise in CBLoL and I decided to enter this market. Esports Insider says: The initial cost of places in franchise leagues has always been a major hurdle for organizations to overcome. The investment comes at the right time for Rensga and will hopefully put the organization in a stable operational position once the new CBLoL is up and running. Secure tickets for ESI Digital Winter

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