100 Thieves raises $35 million for esports teams and L.A. headquarters

100 Thieves has raised $35 million in funding for its esports club, content business, and its apparel business. The company will also use the funds to bring all of its businesses under one roof at a new headquarters and training facility in Los Angeles.

Artist Capital Management, the New York-based growth investment firm, led the round and its chief investment officer, Josh Dienstag, will join 100 Thieves’ board of directors. The third round of funding also includes a new investment from Aglaé Ventures, the technology investment firm of Groupe Arnault, controlling shareholder of Louis Vuitton Moet Hennessy (LVMH).