Tier One Entertainment secures foreign investment from BITKRAFT Esports Ventures

Alodia Gosengfiao
Alodia Gosengfiao

MANILA, Philippines – Tier One Entertainment, a gaming and esports talent agency recently launched by cosplay queen, Alodia Gosiengfiao, and esports veteran, Tryke Gutierrez, announced today a significant investment from BITKRAFT Esports Ventures, the world’s first esports specific fund.

Tier One Entertainment, which launched in April of this year, aims to revolutionize the esports landscape in Southeast Asia by developing gaming talents with a focus on shoutcasters, streamers and professional teams in the region while also helping brands work with top esports influencers to reach the coveted gaming audience. The infusion of capital will enable Tier One to purchase equipment for production, expand their team, and build a studio for talents.

“We are fortunate that BITKRAFT has shown faith in the region,” said Tier One Co-Founder, Tryke Gutierrez. “We have always believed that Southeast Asia has what it takes to take off in the international arena. With BITKRAFT on our side, the investment will fast track our plans.”

Tier One Co-Founder Alodia Gosiengfiao added, “There is a lot of potential in the esports and gaming world, particularly in the Philippines. With BITKRAFT’s investment, we now have the means to create more careers in the esports industry by investing in talented people and supporting their growth.”

Tryke and Alodia of Tier One
Tryke and Alodia of Tier One

BITKRAFT Esports Ventures is led by Jens Hilgers, a 20-year esports veteran and founder of ESL. His team is composed of investors from both the gaming and sports world, including Delivery Hero co-founder Markus Fuhrmann and gaming industry veteran Minard Hamilton.

Based in Berlin and Los Angeles, the epicenters of the western esports world, BITKRAFT Esports Ventures incubates, builds, and invests in esports startups along with a group of the industry’s most

influential companies and executives. BITKRAFT has raised €18M in its first closing, which was announced last month.

“South East Asia is the fastest growing esports market and we feel that Tryke, Alodia and their team are outstanding entrepreneurs with great passion and undisputable esports experience. We are proud to support the Tier One team,” said Jens Hilgers.