Funding to Propel Continued Growth and Expansion of FCF for Seasons v2.0 & v3.0 Bored Ape Yacht Club and Gutter Cat Gang Communities Join the League as the Final Two Expansion Teams
LOS ANGELES, Jan. 12, 2022 /PRNewswire/ -- Fan Controlled Football (FCF), the only professional sports league that empowers fans to make the key decisions for their favorite team, including calling all the plays in real-time, today announced the closing of a $40 million Series A investment round led by Animoca Brands and Delphi Digital.
Along with Animoca Brands and Delphi Digital, other investors include Gemini Frontier Fund, 6th Man Ventures, Jump Crypto, Red Beard Ventures, Spartan Capital, NGC Ventures, executives at GoldenTree Asset Management, and Sebastian Borget, co-founder of The Sandbox. Additionally, all of the league's initial Seed investors participated, including Lightspeed Venture Partners, Talis Capital, Verizon Ventures, Correlation Ventures, and Basecamp Fund.
FCF made its debut in February 2021, featuring four teams owned by some of the biggest names in sports and entertainment including Marshawn Lynch, Quavo, Richard Sherman, Austin Ekeler, Dalvin Cook, and Bob Menery. The league has redefined football for the digital age by combining the competitiveness of live sports, the engagement of fantasy sports, and the interactivity of video games into a live streamed, leaned-in fan experience. Season v1.0 saw FCF become the fastest growing live sports channel on Twitch with nearly 10 million total live views, and one of the top sports Apps in the Apple App Store.
As part of the growth fueled by the closing of the $40 million Series A, FCF today announced two new NFT-governed expansion teams, owned by leaders of the Bored Ape Yacht Club and Gutter Cat Gang communities, respectively. The two new teams join the first two FCF Ballerz Collective NFT expansion teams that were recently announced, doubling the size of FCF for Season v2.0 from four teams to eight.