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Roblox us ipo3/15/2024 VSPN plans to use this money to expand its innovative technologies in Esports production. Other notable investors include Sequoia Capital China, Susquehanna International Group, Kuaishou Technology, Tencent and Tiantu Capital.īack in October Tencent led a $100 million series B funding raise. In January it raised $60 million (£43m) in a Series B+ funding round from backers including Prospect Avenue Capital and Guotai Junan International Holdings. It seems VSPN has a good chance at success considering it’s backed by technology conglomerate Tencent Holdings and other institutional heavyweights. Read our in-depth gaming industry report for more information. With the Esports gaming industry hotting up, competition is rife and investment in the arena is exploding. Rumours have it that it’s planning a US IPO on NASDAQ this year. READ our FREE in-depth report to discover some hidden gems in the gaming industry! Gaming goliathįounded in 2016, the company is going from strength to strength. The rising star also produces Esports content for a worldwide fanbase. VSPN, which is also known as Xi’an Quantum Sports Management Company Ltd in China, provides online electronic sports events, video content, and related turnkey business solutions to its clients. It has its Headquarters in Shanghai and is reportedly contemplating an initial public offering (IPO) in the US, to expand its business offerings worldwide. VSPN (Versus Programming Network) is a Chinese Esports company and leading Esports event organizer in Asia.
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