Thailand startup iNFOFED secures funding to finance Esports league

Thailand startup iNFOFED secures funding to finance Esports league

The Thailand-based iNFOFED raised the funding from KKFund and EventPop

iNFOFED, the virtual reality content creator startup from Thailand announced today that it has welcomed Singapore-based KK Fund and EventPop as the company’s investors.

iNFOFED shared that with the backing, the company will prepare a business plan that focusses on Season 2 of University E-Sports Championship (UEC), an Esports league in Cambodia, Laos, Myanmar, Vietnam, and Thailand. Season 1 was launched in Thailand just last month.

The concept is to leverage virtual reality and augmented reality to be developed into an online Esports competition platform named eArena for both mobile and PC.

“The key highlight of the competition will be the mix of VR and AR technology that will help to build more enthusiasm and popularity in Esports in the region. The roadmap regarding the excellent response from the arrangement of the first season league that hosted in Thailand, iNFOFED also plans to organize a UEC season 3 expanding to Southeast Asia countries,” said Jirayod Theppipit, CEO and founder of iNFOFED Co., Ltd.

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iNFOFED also plans to open a physical eArena, a full facility and equipped Esports stadium in Bangkok.

The arena is said to be able to deliver 24-hour space for leagues and tournaments, both mobile and PC competitions, as well as Esports events. The arena is equipped with high-speed internet, LED High-definition displays and other functional spaces to facilitate events and competitions.

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Image Credit: iNFOFED

The post Thailand startup iNFOFED secures funding to finance Esports league appeared first on e27.

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