ESports organization RSG raised $ 1 million in investment

RSG, a Singapore-based gambling and esports organization based in Southeast Asia, has announced that it has raised a $ 1 million investment from the Tembusu Partners Esports-managed FrontSight Capital Fund. The RSG investment is the first of 10 planned investments by FrontSight in esports teams and companies in Southeast Asia for $ 1-2 million each.

The organization announced that it intends to use the proceeds from the investment to support RSG's mission to engage youth audiences through esports and gaming content creators, by training and expanding its regional talent pool, expanding its market reach and strengthening its capabilities with new technologies.

In addition, RSG announced the appointment of Bobby Sim as its CEO. As part of RSG's leadership team, Sim will oversee business development, strategic planning and the organization's expansion in the region.