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Bilibili Esports Raises $28 Million In Funding

Led by Zhejiang Chuangxiang Cultural Fund, Bilibili Esports have managed to raise $28 million in a new seed financing round. The investors came from several giant companies China including Zhejiang Publishing,Tianfu Culture Investment, Chengdu B-Ray Media, and Chengdu B-Ray Media.

Bilibili Esports is owned by Chinese live streaming company Bilibili and also own Bilibili Gaming of Overwatch Contenders and LPL fame and the Hangzhou Spark of the Overwatch League.

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