Gen G., a leading esports organization with teams in both the Overwatch League and League of Legends, has announced a $46 million funding round that includes investment from Hollywood actor Will Smith as well as several sports figures.
In addition to Smith, Japanese soccer star Keisuke Honda’s Dreamers Fund, Los Angeles Clippers minority owner Dennis Wong, former Chairman of US Investments at Alibaba, Michael Zeisser, and MasterClass Co-Founder and CEO David Rogier, participated in the financing. New Enterprise Associates, Conductive Ventures, Battery Ventures, Canaan Partners, SVB Capital, and Stanford University were also included.
The capital raised will support the ongoing expansion of Gen.