爱游戏

VSPN, Tiantu’s portfolio company, recently announced that it has closed a Series B2 round of funding of tens of millions of USD from an investment fund managed by Morgan Stanley Private Equity Asia. The financing will be used for VSPN’s global business expansion and e-sports content ecology layout.

Ying Shuling, the founder and CEO of VSPN, said, “We are very pleased to receive the investment from Morgan Stanley Private Equity Asia and to successfully complete the Series B2 round of financing. Today, e-sports has become a new social and lifestyle for the younger generation. We have been thinking and working hard on how to make e-sports more far-reaching in terms of geographical breadth and depth of content. After this round of financing, we will further improve our overseas layout. At the same time, we will also further integrate high-quality resources in the industry and deepen the content ecological matrix centered on VSPN+. We will always focus on e-sports, continue to export positive youth culture, and impress the world with e-sports.”

Chen Suifan, Executive Director of Morgan Stanley Private Equity Asia, said, “We have been deeply involved in China for 28 years and have been committed to supporting outstanding Chinese companies. We are bullish on the fast-growing e-sports industry, and what VSPN has accomplished in the past few years is clear to all: it has grown to become one of the leaders in China’s e-sports industry through high-quality, solid execution and a constant pursuit of innovation. At the same time, through this investment, we are proud to leverage our resources to support and help the company's future global growth and help it grow into a leading global esports brand.”

Founded in 2016, VSPN, as a global e-sports leader, focuses on e-sports events and pan-entertainment content production and operation, providing comprehensive services such as event operation, artist incubation and management, and e-sports commercialization, and is committed to building a global sustainable e-sports ecosystem and providing a new e-sports cultural experience and lifestyle for global e-sports fans. VSPN business covers Asia, Europe and America. Around the lifestyle and scenario of e-sports youth, it brings global e-sports fans a full range of top experiences from online to offline, creating the ultimate, front-end, rich multi-dimensional e-sports ecology for users, brands, industries and cities, and exporting Chinese e-sports standards and culture to the world.