eSports Insider · Jun 2, 2021
VSPN secures ‘multi-million’ investment
Chinese esports solutions provider Versus Programming Network (VSPN) has announced a ‘multi-million’ Series B2 funding round from an investment fund managed by Morgan Stanley Private Equity Asia (MSPEA).
According to the release, the investment will aid the expansion of VSPN’s overseas business and the development of the company’s esports content matrix, VSPN+. The amount raised during the Series B2 funding round has not been revealed.
Credit: VSPNThis announcement follows VSPN’s acquisitions of Chinese livestream talent agency Famulei and Chinese production company Banana Culture Gaming and Media. Moreover the firm also secured $60m during its Series B+ investment round earlier this year.