QIA Is Said to Join $50 Million Funding Round for UFC Rival Group One

Group One Holdings, the company behind mixed martial arts brand One Championship, raised at least $50 million from investors including Qatar Investment Authority, according to people familiar with the matter. The round gives Group One a valuation of at least $1.35 billion, one of the people said. That is similar to the post-money valuation from a previous round in 2022, which QIA led with Guggenheim Investments.