Nan Fung Group has backed the esports tournament operator’s series B-plus round, which will go toward product development and global expansion.
China-based esports event promoter Versus Programming Network (VSPN) has raised $60m in a series B-plus round featuring real estate-oriented conglomerate Nan Fung Group.
Guotai Junan International and Prospect Avenue Capital filled out the round, which was facilitated by Lighthouse Capital.
VSPN runs esports competitions and distributes related media content focused on the domestic market. It has partnerships in place with professional esports leagues such as FIFA Online 3 Star League, having run multiple esports events in the country such as…
