The North American organization 100 Thieves founded by Matthew “Nadeshot” Haag, which has already welcomed funders like Drake and Scooter Braun (also co-owners of the organization), has concluded another round of financing of $35 million.
The New York-based investment management company, Artist Capital Management, led the new round. The round also received funding from Aglaé Ventures, an investment program of Groupe Arnault, a giant also controlling shareholder of Louis Vuitton Moet Hennessy (LVMH). The same LMVH holds the control of over 70 different brands in six sectors, including names of luxury houses like Fendi, Givenchy, Louis Vuitton, Marc Jacobs, and Hublot.
Matthew “Nadeshot” Haag said: ” Last year was a huge success for 100 Thieves. Our teams have won several championships, the clothing line is running out and our podcasts are at the top of the charts. Now we have everything that we need to be the biggest export brand in the world. “
The 100 Thieves will use the capital they have just collected to continue on the track: export, clothing and content production.
It is also building a site of over 4,500 m/q in Los Angeles that will host the entire organization, with study facilities and streaming stations, a stage for the production of content, a clothing line development team and point retail for the new collections.