eSports Insider · Oct 18, 2020
Rensga Esports secures Series A funding from Componente
Brazilian esports organisation Rensga Esports has secured undisclosed Series A funding from fellow Brazilian investment group Componente.
The funding injection comes following Rensga Esports securing a spot in the newly franchised Brazilian League of Legends competition, CBLoL.
It is expected that Componente’s investment will contribute towards the $4M BRL (~£548,440) price tag for a franchise spot in the new CBLoL. Additionally, Rensga will also use the funds raised to expand the Orbi Gaming esports centre and improve the team’s training facilities.
Both Rensga Esports and the Orbi Gaming centre are owned by parent company Go Gaming.