Esports and entertainment organization FaZe Clan announced that it has added two-time NBA All-Star Ben Simmons to its list of celebrity investors.
The Philadelphia 76ers player’s investment is part of a small Series B that is yet to close. FaZe’s CEO Lee Trink explained that the Series B financing is “an aggressively priced round to get a little more working capital from targeted strategic partners in our sphere.” FaZe Clan did not disclose the financial details of Simmons’ investment.
Simmons, who has appeared on the cover of the basketball magazine Slam with FaZe Clan member Thomas “Temperrr” Oliveira before, will also act as a brand ambassador for FaZe Clan and using the gamer tag “FaZe Simmo.”
