Posts tagged with “astralis”

Astralis Owner Lands Courtois Investment Amid Cash Worries

Astralis has a new name on its cap table, and it's one football fans will know. Real Madrid goalkeeper Thibaut Courtois and entrepreneur Gonzalo Vila are investing in Fusion Esports Group, the company that owns the Danish esports brand. They are coming in through NXTPLAY, the investment vehicle the two of them founded.

The timing is the interesting part. The deal was announced on Tuesday, 29 September. Eight weeks earlier, on 1 August, Astralis signed off on audited accounts warning that the business needed more cash than it had actually secured.

Nobody has said how much money is involved. The financial terms weren't disclosed, so we don't know the size of NXTPLAY's stake or how much fresh funding Fusion is getting.

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