Tencent part of VSPN’s US$100m funding round
Esports organiser to grow presence in China and across Asia with new investment. Asia-based esports organiser Versus Programming Network (VSPN) has raised almost US$100 million in a Series B funding round, led by Chinese technology and gaming company Tencent Holdings.
Having been founded in 2016, Shanghai-based VSPN has become one of the continent’s largest esports experience providers which sees it involved with a number of high-profile tournaments, including the Peacekeeper Elite League. The company has also branched out into other businesses such as offline venue operation.
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