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Fan app OneFootball becomes a unicorn with cash injection

admin by admin
April 29, 2022
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Fan app OneFootball becomes a unicorn with cash injection
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Berlin/Stockholm The Berlin fan app OneFootball is becoming the “unicorn” with a fresh round of financing. $ 300 million had been raised from investors, OneFootball told Reuters on Thursday. The capital injection was led by Liberty City Ventures of New York. According to an insider, OneFootball thus cracks the billion-dollar valuation and becomes a unicorn in the jargon of investment bankers.

Among others, Animoca Brands, Dapper Labs, DAH and RIT Capital Partners participated in the round, the statement continued. Football clubs such as Real Madrid, FC Barcelona, FC Bayern and Borussia Dortmund have been among the shareholders for some time, according to OneFootball. The company, founded in 2008, now wants to use the fresh money to expand and expand the streaming offer.

Currently, OneFootball has more than 100 million monthly active users who can find out about scores and statistics, read football news or watch video clips. Now company founder and CEO Lucas von Cranach also wants to introduce new offers such as “non-Fungible tokens” (NFTs) – a kind of proof of ownership for digital objects – or blockchain technology.

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