How much did KingMakers raise in its Strategic equity investment?

$100M, announced on 10 June 2021.

Funding roundStrategic equity investment

KingMakers Strategic equity investment

KingMakers raised $100M in a Strategic equity investment. It was announced on 10 June 2021.

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1 sourceSource: SLA Funding IndexHow we verify →

Amount raised: $100M; USD
Announced: 10 Jun 2021; 5 years ago

About this round

MultiChoice subsidiary Mwendo to invest USD100m primary equity for9.6% as part of transaction increasing MultiChoice stake to49%, expressly non-controlling. Separate USD181.5m secondary purchase and USD31m earnout are not startup capital raised. Total USD281.5m consideration must not be counted again as funding. Announcement10June2021; expected August closing not recorded as actual.

Sources for this round1

sharedata.co.zaMultiChoice acquires a further holding in BetKing

Frequently asked about KingMakers's Strategic equity investment

How much did KingMakers raise in its Strategic equity investment?: $100M, announced on 10 June 2021.