Esports Fund Raises $38 Million From Evolution Media, Cardinals
- Investment fund ends a big cash round for the industry.
- Vision Esports becomes largest shareholder in its properties.
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Vision Esports, an investment fund focused exclusively on professional video gaming, has finished a $38 million funding round led by Evolution Media, the firm founded by Creative Artists Agency and TPG Capital.
It’s one of the bigger efforts to gather money in the fast-growing esports industry. Other new Vision Esports investors include baseball’s St. Louis Cardinals, Giants wide receiver Odell Beckham Jr., and NBA All-Star Kevin Durant. They join the New York Yankees, whose investment was announced last year.