Esports apparel brand Raven, announced that it has received a $1.4M USD seed investment through a US based private equity fund. The investment will go into developing product design, manufacturing, marketing and logistics for both pro and grassroots esports teams. The British company also plans on increasing their headcount in North America and Europe.
Raven Managing Director Sam Wells mentioned in a statement, “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”.
[image: Raven]
