Riot Games Raises $3 billion Secondary
Riot Games raised $3B in Secondary financing led by Tencent, with participation from Tencent (acquisition completion). League of Legends and Valorant gaming studios. The new capital is framed around Expand Valorant esports and launch new game titles.
Secondary$3 billionTotal tracked $3 billionLos Angeles, CA
What it does
League of Legends and Valorant gaming studios. The business sits in Consumer & Marketplaces, where funded companies are using fresh capital to deepen product coverage, distribution, or operating capacity.
Traction
League of Legends: 150M registered players worldwide. Management framed the new capital around Expand Valorant esports and launch new game titles.
Trend impact
MD-grade thesis held: available source material is not specific enough to support a non-generic investor-economist read without overclaiming.
Funding history
- Recent · Secondary · $3 billion · Tencent