Total esports solutions provider Versus Programming Network (VSPN) has raised ‘close to’ $100m (~ £76.23m) in its latest Series B funding round, according to the firm.The funding round, led by Tencent Holdings, saw investments from Tiantu Capital, SIG (Susquehanna International Group), and Kuaishou.
Lighthouse Capital was named as the exclusive Financial Advisor for VSPN’s round of funding.
“Tencent is glad to support VSPN,” commented Mars Hou, the General Manager of Tencent Esports. “VSPN’s long-term company vision and leading position in esports production is vital for Tencent to optimise the layout of the esports industry’s development.