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TEG, esports entertainment business, raises 3.7 billion yen

#Funding

TEG has raised 3.7 billion yen in a Series A round of financing, through third-party allotment and a loan from RED° TOKYO TOWER, an urban theme park utilizing various modern IPs.

The financing is earmarked to expand its overseas facilities, mainly in Asia, and develop its online presence globally.

Source:https://prtimes.jp/main/html/rd/p/000000051.000072682.html

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