Astralis, the Danish esports brand best known for its Counter-Strike legacy, has been acquired by Fusion Esports Group, a local investor consortium.
The group is led by Jakob Lund Kristensen, Co-Founder of Astralis and BLAST, and Jonas Gundersen, a former professional player and most recently Group COO at Ninjas in Pyjamas. Other investors include Sander Janca (Flatpay), Thorbjørn Rønje (Bifrost Studios), and Sebastian Seilund (Userflow).
“Astralis is one of the biggest brands in esports, with a huge impact on an entire generation of Danish gamers,” said Lund Kristensen. “The potential is still enormous, both commercially and competitively. We’re building a new Astralis with fresh energy and new methods, while keeping our focus on performance.”
Gundersen added: “The impact Astralis has had in bringing esports into the global mainstream market cannot be overstated. It’s a fantastic legacy and history that fits perfectly with the vision we’ve set for Fusion, as our first acquisition.”
The sale comes after a difficult period for Astralis. As reported in its 2024 financial statement, the organisation recorded losses of over DKK 31 million (~$4.8m), citing the end of Counter-Strike franchise leagues and underperformance as key factors. Earlier this year, Astralis had confirmed it was seeking new investment or a buyer to secure its operations.
