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ONE Championship closes $166 million Series D investment

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Chatri Sityodtong

ONE Championship announced today that it recently closed a $166 million Series D financing round led by Sequoia Capital. New investors, including Temasek, Greenoaks Capital, and other leading institutional investors, also participated in the round.

ONE now has a total capital base that exceeds $250 million. The promotion recently moved into the boxing business with a world title fight between Srisaket Sor Rungvisai and Iran Diaz that attracted a capacity crowd to the 11,000 capacity Impact Arena in Bangkok.

Next on the agenda is ONE: “Pursuit of Greatness” in Yangon, which will be headlined by a middleweight title fight between champion Aung La Nsang and challenger Mohammed Karaki.

After that, ONE Championship has events booked in Singapore, Jakarta, Manila, Kuala Lumpur and Shanghai between now and the end of the year. The 2019 schedule has not been released but it will definitely feature an event in Tokyo on March 31st.