Team Vitality’s founders Fabien Devide and Nicolas Maurer have announced a 2.5 million Euros investment from Korelya Capital, Kima Ventures and H26.
This fund will be utilizied to recruit players and in the support of the players travelling to attend events. The team will also create an academy of League of Legend players to guide the new players.
Team Vitality’s CEO statement
Nicolas Maurer, CEO of Team Vitality: “Vitality’s ambition is to become an undisputed European leader whose teams participate in all the major professional e-sports leagues. The fundraising, along with our partners, will let us accelerate our growth and consolidate our position among the biggest e-sports brands in Europe.”