Team Vitality: a new €50m investment from Indian entrepreneur Tej Kohli (Rewired.gg)

Team Vitality has secured a new €50m investment over three years from Indian entrepreneur Tej Kohli via his company Rewired.gg, announced the French esports team on the occasion of the presentation of its 2022 roster on the Counter-Strike: Global Offensive (CS:GO) video game (published by Valve) on 05/01/2022.

"The new roster comes as part of a €50m investment from Rewired.gg spread over the next three years to create European super teams capable of winning the most coveted trophies in esports," explained Team Vitality.

"This scale of talent investment has never been seen in esports before and I am honoured to be leading the charge with these rosters which have the potential to make history in Europe and beyond," said Fabien "Neo" Devide, co-founder and esports director of Team Vitality.

Since 2018, Team Vitality has raised €86.5m. The esports organisation had already completed two successive rounds of funding with businessman Tej Kohli in 2019 (€14m) and 2018 (€20m) for a total of €34m. In 2018, Team Vitality also raised €2.5m from the fund H26, a holding company owned by Olivier…