Will Smith Among Others Invested $46 Million USD in an eSports Organization

The organization also owns ‘Overwatch’ team Seoul Dynasty.

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eSports organization Gen.G, owner of several pro gaming squads including Overwatch team Seoul Dynasty, has received $46 million USD in financing from several investors that include Will Smith. As reported from an official post from the organization, Gen.G received contributions from Smith, as well as Japanese Soccer player Keisuke Honda and his Dreamers Fund. Figures such as Dennis Wong, Michael Zeisser and Stanford University also has a stake in the company.

Honda and Smith will join Gen.G’s management advisor Chris Bosh in supporting the organization’s efforts, with Honda noting:

“I am excited that Dreamers Fund, the fund that I co-launched with Will Smith, is now investing in Gen.G. Esports is not yet big in Japan, but we are seeing tremendous growth there and globally, which is very positive. We decided to invest in Gen. G because of their incredible team and grand vision to become a leader in the space. We truly look forward to working with Gen.G to boost the esports industry around the world.”

In other gaming news, Capcom recently released an arcade stick filled with fighting games and beat ‘em ups.

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