Elysian Park Ventures, the venture capital arm of the Los Angeles Dodgers, will lead a $30.5 million Series B investment in high school esports company PlayVS. The round also includes new investments from Adidas, Samsung NEXT, and Sean “Diddy” Combs.
In April, PlayVS secured a partnership with the National Federation of State High School Associations. PlayVS is currently in the midst of a League of Legends trial season featuring high school esports teams across five states as part of a partnership with Riot Games. With the new Series B funding, Play VS competition will expand into seven additional states and add three more video game titles, according to Sports Business Daily.