- They raised it from investment groups Korelya Capital, Kima Ventures and H26
- Vitality’s League of Legends team are currently sitting on top of the EU LCS
- The organisation have had big deals in the past including Adidas and Volvic
France-based esports organisation Team Vitality have raised €2.5million (£2.2m) from investment groups Korelya Capital, Kima Ventures and H26.
The latter of those, H26, are owned by Olivier Decourt, the President of Ligue 1 side Dijon FCO.
Vitality have teams across multiple games and have recently found surprising success in League of Legends as their team currently sit top of the EU LCS.
France-based esports org Vitality have raised €2.5million (£2.2m) from investment groups
Vitality were also recently revealed as one of the latest teams to join the Gfinity Elite Series for season three, joining the likes of Fnatic and Hashtag United.
The organisation has vowed to spend the money on accquiring top talents from all around the world have said they will also create an academy LoL team.
The academy will most likely compete in the French competitions with the hope of qualifying for the international tournaments that have replaced the Challenger Series.
Team Vitality CEO Nicolas Maurer outlined their ambitions: ‘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.’
Vitality have struck big deals in the past with the likes of Canal+ and Volvic and on top of that struck a deal with Adidas to be the suppliers of their esports jerseys.