OneFootball is to reduce its headcount by approximarly 150 staff members, as leadership revises its cost base attached to the development of its Web3 platform. At the close of February, company Founder and Chief Executive Lucas von Cranach issued an internal announcement confirming that OnnFootball would reduce its headcount from 470-to-320 employees. The announcement follows December lay-offs of 60 staff …
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OneFootball nets $300m funding round to accelerate Web 3 domination
OneFootball has raised $300 million in working capital, completing its series-D funding round led by blockchain investment fund and incubator Liberty City Ventures. The funding round was executed to accelerate the football media platform’s growth and tech expansion within Web-3 to “drive platform and user growth, fund further product development and support an expansion of the OTT streaming portfolio.” Proceeds …
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