London-based esports organisation Fnatic have opened doors for fans to invest in the company.
Fnatic will be launching the campaign privately on Crowdcube in mid-November, for those who pre-register on this page, and will open up to all other parties later in the month.
Crowdcube is a platform which enables businesses to attract investment from professionals, venture capital firms and individuals. UK-bsed esports jobs website Hitmarker raised funds on Crowdcube last year.
Fans can invest in Fnatic starting from just under £20, with no upper limit to what they can put forward.
Investors will become a shareholder and part-owner in Fnatic and, in doing so, will receive ‘a range of exclusive rewards’ alongside the equity they receive for their investment.
Fnatic founder and CEO Sam Mathews said on Twitter that this was one of the biggest days in Fnatic’s history:
Fans must of course be aged 18 or over to invest, and have an ID check via Crowdcube.
Fnatic added on their campaign page: “We couldn’t have done it without you. Let’s build the leading, next-generation, esports brand together.
“This is a unique opportunity to own a piece of esports’ past, present and future. A chance to truly be #ALWAYSFNATIC.”
Some people in the community have started adding ‘Fnatic co-owner’ to their bios on Twitter.
This crowdfunding push follows a $10m raise which Fnatic closed earlier this year, led by venture capital company Beringea.
Fnatic recently reached the quarter-finals of the League of Legends World Championship 2020, but fell to Top Esports 3-2 after leading 2-0.
Dom is an award-winning writer and finalist of the Esports Journalist of the Year 2023 award. He graduated from Bournemouth University with a 2:1 degree in Multi-Media Journalism in 2007.
As a long-time gamer having first picked up the NES controller in the late ’80s, he has written for a range of publications including GamesTM, Nintendo Official Magazine, industry publication MCV and others. He worked as head of content for the British Esports Federation up until February 2021, when he stepped back to work full-time on Esports News UK and offer esports consultancy and freelance services. Note: Dom still produces the British Esports newsletter on a freelance basis, so our coverage of British Esports is always kept simple – usually just covering the occasional press release – because of this conflict of interest.
