Razer CEO Min-Liang Tan has said his company will provide $10 million to help boost esports in Singapore.
In a post on Facebook, he said that the funding will be provided over the next 12 months
For gaming and esports activities in Singapore, including supporting esports teams in Singapore as well as investing in gaming/esports companies in Singapore or founded by Singaporeans.
“This funding will also go in part to Team Singapore which we are supporting for the SEA Games (which we are also the official esports partner) later this year where esports will be, for the first time ever, a medalled sport,” he said.
“We are one of the largest esports brands in the world, and personally as a Singaporean, I’m looking forward to giving back and doing more for my country.”
Tan also said his investment was in part spurred by a letter to a Singaporean newspaper that stated esports should not be considered as a sport.