One Championship is a Singapore-based mixed martial arts promotion firm that organizes combat sports events. The company has been unable to stage events since February due to the coronavirus pandemic. In response to the disruption it cut 20% of its staff. One Championship said it raised $70 million in a new funding round, bringing total capital to US$346 million. The new funds came from existing institutional investors and a new institutional investor, who were not identified. The firm is backed by Sequoia Capital and is led by founder and CEO Chatri Sityodtong; in 2019 he was quoted as saying the company was valued at "above $1 billion".

Total raised

$70M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2020