pymnts.com pymnts.com

Chinese eSports Provider VSPN Raises $60 Million To Expand Overseas

Chinese eSports provider VSPN has raised $60 million in a Series B+ funding round to help it expand its operations overseas. Investors in the latest financing included Prospect Avenue Capital, Guiotai Junan International, and Nan Fung Group. Lighthouse Capital served as the exclusive financial adviser. Shanghai-based VSPN said it plans to spend the cash largely on investing in innovative eSports production technologies, creating new...