Hong Kong-based esports organisation Talon Esports has announced...

Hong Kong-based esports organisation Talon Esports has announced that it has closed a USD$2m (£1.5m) seed funding round, which will be used to support its expansion into new territories and titles, while also developing further products within its lifestyle offering. The investment was led by Hana Digital Transformation Fund, with support from Widus Strategic Investments; New Wave Esports Corporation; Sprout Investments; EMC Capital; Animoca Brands; and a host of angel investors. Since its formation in 2017, Talon Esports has expanded within APAC and now has teams competing across various titles including League of Legends, Arena of Valor, Overwatch, Rainbow 6, Clash Royale, Tekken 7 and Street Fighter V.