Astralis has been acquired by Fusion Esports Group, a Danish investor group led by the organisation’s co-founder Jakob Lund Kristensen and former Ninjas in Pyjamas COO Jonas Gundersen.
The acquisition follows the discharge of its 2024 monetary assertion, wherein the organisation revealed a DKK 31.3m (~£3.6m) loss.
Previous to founding Astralis in 2016, Kristensen was the founder and CEO of Copenhagen Wolves, a Danish esports organisation that housed a number of Counter-Strike gamers of the organisation, together with Peter ‘dupreeh’ Rasmussen and Lukas ‘gla1ve‘ Rossander.
In keeping with an announcement, funding in Fusion Esports Group additionally got here from Sander Janca, Founder and CEO of Flatpay, and Thorbjørn Rønje, Co-founder of Bifrost Studios.
Gundersen joins the Astralis possession after a four-year stint because the COO of Ninjas in Pyjamas, after departing his function of Chief Business Officer at fellow Danish organisation North. Gundersen’s curiosity in buying the org was first revealed in a Dust2.dk report printed in April.
“Astralis is among the largest manufacturers in esports, with a huge effect on a whole technology of Danish players,” mentioned Kristensen in a LinkedIn put up.
“The potential continues to be monumental, each commercially and competitively. We’re constructing a brand new Astralis with recent power and new strategies, whereas maintaining our deal with efficiency.”
The efficiency of the Astralis Counter-Strike roster performed a task within the organisation’s monetary troubles after it missed 4 Majors in a row.
What Subsequent for Astralis?
Astralis is one among 16 groups heading to Serbia to compete in FISSURE Playground 2, the most recent Tier 1 occasion that includes the world’s finest groups competing for prize cash and all-important Valve Regional Standings (VRS) factors.
At the moment ranked eleventh within the VRS, a stable efficiency on the occasion solidifies the staff’s place within the prime 32 as consideration begins to show to the StarLadder Budapest Main in November.
