VSPN (Versus Programming Network) is a Chinese esports total-solutions provider that facilitates and broadcasts esports competitions and has expanded into related areas such as esports venues. It serves as the principal tournament organizer and broadcaster for a number of top competitions, partnering with more than 70% of China’s esports tournaments. The company offers end-to-end services across event organization, production and streaming for the esports ecosystem. VSPN plans to use new funding to branch out its overseas esports services and showcase diversified esports products and content. Dino Ying, founder and CEO, said the company is preparing for a new era in esports as the industry matures. The article does not disclose revenue or user metrics beyond its tournament partnerships. Founded in 2016 and headquartered in Shanghai, VSPN was an early pioneer in esports tournament organization and content creation out of Asia. The company operates a large content-production ecosystem and says it is by far the largest esports organization in China, with over 1,000+ employees and coverage of every major tournament. Beyond tournament production, VSPN has expanded into offline venue operations and has begun hosting large-scale events with in-person audiences under COVID-19 prevention measures. VSPN is pursuing a short-form video strategy and plans to work with platforms worldwide, with investor/partner Kuaishou positioned to support content distribution. The company is investing in data and R&D via a research center and is testing new technologies such as AR and VR to create novel esports experiences. Leadership includes founder and CEO Dino Ying and co-founder/president Ethan Teng.

Total raised

$160M

Funding rounds

2

Latest round

Series B

Latest activity

Jan 2021