LFC
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LFC — Lethwei Fighting Championship

The institutional global home of the world's oldest nine-limb striking discipline.

A thousand-year-old bare-knuckle, headbutt-permissive combat sport with an audience already in the millions — and no institutional global promoter. Until now.

Singapore Domiciled Thailand Operational Capital Raise 2026
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01

The Opportunity

A consolidated industry. One unclaimed category.

Global combat sports has consolidated around four institutional platforms. Each owns a distinct discipline. Lethwei is the unclaimed category — a thousand-year-old striking art with millions of existing fans and no institutional global promoter. LFC is building that platform.

  • UFCMixed Martial Arts · TKO Group
  • ONE ChampionshipPan-Asian Martial Arts · Singapore-based
  • PFLMMA · Sovereign-backed scale challenger
  • BKFCBare-Knuckle Boxing · US-led
  • LFCLethwei — nine-limb, bare-knuckle, headbutt-permitted · The unclaimed white space

Each of the four major platforms took a discipline that already had cultural and competitive legitimacy and built the institutional infrastructure around it. None of them promotes Lethwei.

The investment is in the platform that captures the audience — not in creating it.

02

The Sport

A thousand years of warrior code, distilled into nine points of contact.

Lethwei warrior

Lethwei is the traditional martial art of Myanmar, with origins in the Pyu kingdoms over a thousand years ago. It is recognised today by the Myanmar government as the national sport, carrying cultural weight comparable to sumo in Japan or Muay Thai in Thailand.

Two fists. Two elbows. Two knees. Two shins. And the head. Bare-knuckled. Bound only by traditional cotton and gauze. The only major regulated combat sport that permits headbutts.

  • 9
    Points of contact
  • 1,000+
    Years of unbroken practice
  • 8.4M
    Existing addressable fans
  • 0
    Institutional global promoters

Two fists. Two elbows. Two knees. Two shins. And the head.
The only major regulated combat sport that permits headbutts.

The Code of Lethwei
03

Strategic Assets

What's already in place.

LFC is not a category-creation play. The discipline exists, the audience exists, the rights are held. Capital scales the operation.

01 — Rights

Exclusive Promotional Rights

International rights via the Myanmar Lethwei Federation; sanctioned operating jurisdiction in Thailand at flagship scale.

02 — Audience

8.4M Combined Reach

Across owned channels, fighter ambassadors and federation platforms — including LethweiWorld.com, MLF, WLF and partners.

03 — Talent

Anchor Athletes Signed

Dave Leduc (multi-time world champion), Aung La Nsang (Myanmar's most recognised global fighter), and a US alliance with actor-producer Frank Grillo.

04 — Platform

VPlayed DTC App

Direct-to-consumer streaming on iOS, Android and web — live, PPV and subscription from launch. No broadcaster intermediation.

04

Phased Execution

Three phases. Each milestone unlocks the next.

Capital is deployed in tranches matched to operating progress, not calendar dates. The plan reaches EBITDA break-even in FY2028 — without further dilution.

Launch

Launch Phase

FY2026

6 events (4 studio + 2 flagship). Validate the production model, secure first sponsors, ship the DTC app.

Tranche 1 · $1.0M
Elevation

Elevation Phase

FY2027

8 events. Monthly cadence emerges. First international broadcast deals. Audience scales 4× to 66K.

Tranche 2 · $1.0M
Scaling

Platform Scaling

FY2028 — FY2030

10 → 12 events annually. EBITDA break-even FY2028, 35% margin by FY2030. Self-funded thereafter.

Tranche 3 · $0.5M
05

Five-Year Trajectory

~60% revenue CAGR. EBITDA break-even FY2028.

A bottom-up financial plan built across seven revenue streams, with the capital sized to fund the business through profitability — no further dilution required.

FY2026
$1.02M
Revenue
($119K)EBITDA · 6 events
FY2027
$1.48M
Revenue
($21K)EBITDA · 8 events
FY2028
$2.23M
Revenue
$261KBreak-even · 10 events
FY2029
$3.93M
Revenue
$1.17MEBITDA · 12 events
FY2030
$6.68M
Revenue
$2.31M34.6% margin

FY2030 projection represents only 6.6% penetration of the existing 8.4M addressable audience.

06

The Ask

A disciplined entry into the unclaimed category.

US$2.5M for 20% at a US$10M pre-money valuation. Three tranches matched to operating milestones. The raise fully funds the business through EBITDA break-even.

Raise
$2.5M
Equity capital
Equity Offered
20%
Singapore ordinary
Pre-Money
$10M
Within FY2027 EV band
Post-Money
$12.5M
Below FY2028 floor
Early-Bird SAFE

Closes 31 May 2026. Investors committing now may subscribe via SAFE — US$6M cap, 25% discount, MFN, pro-rata, and a 10% first-mover bonus on the first US$500K. ~2.08× equity per dollar versus the priced round.

Sign the NDA. Access the data room.

Full pitch deck, business plan, term sheet and financial model are available to qualified investors under mutual NDA. Quick e-signature, instant access.

Book a Call with Nick
· Mutual NDA · Singapore Jurisdiction · Strictly Private & Confidential

LFC is not a start-up in a crowded category. It is the first institutional promoter of a sport that has existed for a thousand years, whose audience already numbers in the millions, and whose cultural and competitive legitimacy is not in question.

Nick Chapman
Founder & Chief Executive Officer · Extreme Combat Pte. Ltd.