Chinese language esports group Victory 5 has secured an funding with Jackson Wang, a member of the Korean pop band GOT7. The partnership was signed on Sept. 7 on the opening ceremony of Victory 5’s new dwelling stadium in Shenzhen, as captured within the quick video beneath:
Monetary phrases of the deal weren’t disclosed.
In October of 2019 Victory 5 dad or mum firm Shenzhen Weiwu Esports Know-how raised over $14M USD in a Sequence A funding spherical from an undisclosed group of traders. On the similar time, the group signed a strategic partnership with Shenzhen Media Group to determine a house venue within the Guangdong-Hong Kong-Macao Higher Bay Space.
Victory 5 fields groups within the League of Legends Professional League, PUBG, and Peacekeeper Elite.