Asia's largest martial arts promotion, ONE Championship announced Monday that it has closed a US$166 million Series D financing round led by Sequoia Capital.
According to a statement today, it said new investors, including Temasek, Greenoaks Capital, and other leading institutional investors, also participated in the round.
ONE now has a total capital base that exceeds US$250 million.
This equity investment further solidifies ONE’s dominant market leadership position in the sports media industry in Asia.
ONE has achieved tremendous success since its establishment in 2011.
Martial arts is considered a Pan-Asian sport and for the first time in Asian history, it is a sport that has transcended regional and cultural boundaries.
Currently, ONE is considered the largest global sports media property in Asian history.
Today, ONE Championship is broadcast to over one billion viewers in over 128 countries across the globe.