Kickboxing event promoter Kunlun Fight has completed a funding round that will support the expansion and diversification of its business.
China-based kickboxing event promoter Kunlun Fight has closed a $31m series B round that included IDG Capital Partners, media company International Data Group’s local venture capital affiliate, China Money Network reported today.
The round also included VC firms Morningside Ventures and Northern Light Venture Capital, according to Chinese media reports.
Kunlun Fight began televising kickboxing matches in 2014, putting on 17 events across China, Thailand, the Philippines and Belarus. That was followed by 24 events last year as the company…
