In its first round of seed funding, the Raven manufacturer of Esports apparel raised $1.4 million. Throughout the round, a US private equity fund invested in the company.
To improve the apparel situation in the esports industry, Raven will use capital to raise its global market share and “drive product innovation” It will also expand its workforce and recruit workers in Europe and North America.
A report says that Raven will build its unique service model for both professional and grassroots esports through ‘tools, production, marketing and logistics.’ Raven works currently with Dark Zero Esports, Excel Esports, Rogue and Tribe Gaming, Nova Esports and Mock-it Esports.