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Esports entertainment firm Tier One secures pre-Series A funding
Apr 29, 2021 4:10 PM PHT
Esports talent agency and entertainment firm Tier One Entertainment announced on Thursday, April 29, it secured pre-Series A financing to further its growth.
The round was led by international VC (venture capital) firm Gobi Partners through its Gobi-Core Philippine Fund, a joint venture with the Philippines Core Capital. American multinational entertainment firm Warner Music Group also joined the round. The amount of funding was not disclosed.
Other investors in the round include Singapore-based Octava, Japan s KAYAC Inc, and Atlas Ventures, an early stage investor for Tier One headquartered in the US.
Alibaba Business School launches ‘Netpreneur Training Program’ in PH
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Alibaba Business School, the education arm of Alibaba Group, has debuted its first-ever Alibaba Netpreneur Training Program in the Philippines with support from QBO Innovation Hub, the country’s first public-private partnership platform for local startups, and regional venture capital firm Gobi Partners via their Gobi-Core Philippine Fund.
Alibaba Group partner and vice president Zhang Yu
The Netpreneur Training Program is designed to equip entrepreneurs and business leaders with tangible and actionable steps they can take to advance in the digital economy, based on Alibaba’s own entrepreneurship journey. It is part of Alibaba’s wider initiative to promote inclusive development and empower entrepreneurs and businesses both large and small. Applications for this program are open from now until June 20.