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Team Vitality, a leading European esports team, receives €20 million investment from entrepreneur Tej Kohli

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Team Vitality, a leading European esports team, receives €20 million investment from entrepreneur Tej KohliReading Time: 4 minutes

 

Team Vitality has announced that it has received an initial €20 million investment from tech entrepreneur Tej Kohli.

The investment is thought to be the largest-ever for a European team. It represents a major boost for the continent’s esports sector, which is currently expanding rapidly and looks set to rival Asian and North American markets.

Through a combination of strong management, ambition and hard work, Team Vitality has quickly established itself as a leading professional brand in Europe with rosters across a number of titles and some notable commercial deals to boot. Vitality will make use of Mr Kohli’s business acumen and global experience to develop and strengthen the team and become a globally recognised brand.

The team’s founders also believe the investment will deliver for the fans. The €20 million sum will serve to develop state of the art facilities, including training and performance centres, as well as a flagship store and office. It will also enable world class athletic teams to be built, and ensure that fans can experience esports entertainment in a more immersive style.

Adding to its strong presence in European esports leagues, Vitality has recently launched a team in the leading FPS title Counter Strike: Global Offensive, better known as CS:GO, that last weekend won the DreamHack Open in Atlanta.

Vitality was also recently confirmed as one of the teams that has secured a long term partnership in newly franchised EU LCS, which has been rebranded to the LEC. This gives Vitality a long term corner stone in Europe’s premiere esports league.

With Mr Kohli’s support, the team plans to first expand its presence in China and Southeast Asia to reach an even wider range of viewers. Southeast Asia is the fastest growing region for esports, with major brands such as Singtel pledging extensive support and the likes of the Malaysian Government committing funds to help grow the industry locally.

Team Vitality, founded in 2013 by Fabien Devide and Nicolas Maurer, is a professional European esports team based in France, with a total of 50+ world class players from 11 countries. The team has a current portfolio of ten games, including League of Legends, CS:GO, Fortnite, PUBG, Rocket League and more.

Active in both European and international competitions, Team Vitality has a wide following in Europe, with a unique community of loyal supporters and an impressive list of AAA- brand partners such as Adidas and Renault.

Mr Kohli is the lead backer of Swiss-based robotics and venture studio Rewired, focused on applied sciences and technologies. His passion for technology and innovation enabled him to recognise the exciting investment opportunity offered by the growing esports market.

With Mr. Kohli’s commitment of €50m, Rewired launched an esports division Rewired GG, one of the largest investment arms in Europe dedicated solely to esports. Through it, he aims to expand the esports industry, as well as develop individual players, games and commercial opportunities. The backing of Team Vitality is Rewired GG’s first investment.

Team Vitality President and Co-founder, Fabien Devide, said:

“This investment marks a truly significant moment in the five-year history of our team and is a result of the hard work of our players, and the unquestionable loyalty of our supporters. We look forward to building on the already great community Team Vitality has established and to welcoming new players and supporters in the future.”

Mr Tej Kohli said:

“Esports is the future of both sport and entertainment and Vitality is one of the biggest and most exciting European teams. I’m thrilled to accompany them on their journey, as they look to become the number one esports team in Europe, and ultimately worldwide. I look forward to using my forty-years of business and technology experience to assist the management team in building a well-respected, world-class team, which will be a dream for every gamer and supporter to be a part of.”

Team Vitality CEO and Co-founder, Nicolas Maurer, said:

“Team Vitality has always strived to be one of the best esports teams in the world. With Mr Kohli’s support we are excited to step even closer to achieving our global ambitions. Team Vitality is set to become leaders in an industry that we believe will soon rival traditional sports in terms of audience and investment.”

 

 

About Team Vitality

Team Vitality was created in 2013 as a Call of Duty team and developed into a console organisation. It started its expansion on the PC esports scene in January 2016 with arrival in The European League of Legends Championship Series (EULCS). With continued growth on major titles and a lot of great results, Vitality’s mission is to bring the most professional environment possible to its players, while providing the best entertainment possible to its supporters. The two core pillars of Team Vitality are excellence and proximity.

 

About Mr Tej Kohli

Mr Tej Kohli is a visionary entrepreneur, businessman and philanthropist who rose to success building solutions for e-commerce businesses during the peak of the dot-com boom. Passionate about the potential of disruptive technology, innovation, philanthropy and in empowering young people, Mr Kohli has ensured this is reflected in his work and career. Mr Kohli now invests in innovative technology firms specialising in robotics, artificial intelligence and biotech, through a $100 million fund called Rewired. He has recently committed €50M to Rewired GG, an investment arm dedicated to esports. Beyond this, Mr Kohli carries out philanthropic work through the Tej Kohli Corneal Institute (TKCI), as part of his mission to cure corneal blindness worldwide by 2030.

 

About Fabien Devide

Fabien is President of Team Vitality. His career in the esports industry has covered the full spectrum of roles, from player to coach, manager and president. As a passionate competitor, Fabien’s vision is to take care of athletes, pass on his love for the game and nurture an authentic and close relationship with fans. Since launching Vitality in 2013, he has transformed the team into a true European leader. Today, Fabien’s role is to oversee and manage the sports and brand departments. He is also identified as the definitive voice and expert on esports in France. He has spoken before the national parliamentary working group on esports and was appointed head coach of the efootball National Team by the French Football Federation.

 

About Nicolas Maurer

Nicolas is CEO of Team Vitality. Since the team began, he has taken charge of its operational management. Nicolas looks after Vitality’s structuring, human resources, fundraising and monetisation of the brand via sponsorship, merchandising, commercial operations and revenues from leagues and games management. In just five years, Nicolas has turned Team Vitality into one of Europe’s leading esports businesses. Vitality is today a structured and well-funded operation, thanks to an initial fundraising round that drew EUR 2.5 million in December 2017. These fundraising rounds are among the first ever conducted by an esports club in Europe. Nicolas’ success has been to attract key strategic investors and prestigious sponsors, such as Orange, Renault and adidas. Today, Nicolas manages more than 70 dedicated and passionate people and continues to transform the team into a major actor in the world of esports.

 


Source: Latest News on European Gaming Media Network

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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PSG want to be the club of the new generation — and gaming has to be a part of it!

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esport-news.co.uk recently sat down with PSG’s brand and business development Nadia Benmokhtar. She spoke about how PSG’s investment into eSports has already seen massive engagement in Asia, how they plan to be a part of the new generation through eSports and how they can diversify their audience.

If you are to use any of the content below, please link to https://esports-news.co.uk/ or the following article, where you can find the full interview: https://esports-news.co.uk/2025/10/20/psg-esports-interview-why-football-clubs-invest

Highlights from the inteview: 

  • “At PSG, we want to be the club of the new generation — and when you say new generation, gaming has to be part of it.”(Nadia on why esports is central to PSG’s brand identity.)
  • “When we entered esports, we didn’t just want to do FIFA. We wanted to be present in major games with big audiences.”(On PSG’s bold approach to expanding beyond traditional football titles.)
  • “We partner with people who understand the scene — Vitality and Talon are not just teams, they’re real brands.”(On building authentic, long-term collaborations in esports.)
  • “Esports allows us to diversify our audience, expand globally, and connect with communities that might not start as football fans but can still become PSG fans.”(On the club’s goal of global fan engagement through gaming.)
  • “We started with esports for credibility, but now we’re exploring the entire gaming universe — from mobile titles to digital experiences like Roblox.”(On PSG’s next phase of gaming innovation.)

___________________________________________________________

PSG are using gaming to be a part of the new generation

“The goal with eSports is to grow the audience across different touchpoints, increase the brand exposure, and also diversify that audience because we want to target people that are not especially football fans at the beginning. But with esports, you can create a different kind of connection. We know that it’s a very engaged market. It’s also a way to target different territories. If you look at PSG, as an example, the French League is not very visible in Asia. So you can say that through esports, you will find a different way to connect with this type of audience. So it’s really part of the club strategy. So first, we are a multi-club sport. We have football, of course, men’s football, but we also have women’s football, handball, judo, and esports is really considered as a sports section in the club. But for sure, we aim to be at PSG, the club of the new generation. That’s our brand positioning. And when you say new generation, of course, gaming should be part of it.”

Brand recognition in Asia was key

“Asia has been one of the key territories for us since launch. We had an important partnership on the game Dota 2 with a Chinese company, LGD. So we had a very successful team with LGD, but at the end, Dota became a game very costly and to us it didn’t make sense to just spend millions in player salaries with no return on investment. With LGD, it was a new partner with a team that is already very big, and you just enter and do a big, big push. With Talon, the story was a bit different because we really grew together.”

PSG have already seen a great return on their eSports investments

“It depends on what kind of return you want. The initial objective was not pure revenue; it was more exposure. So if you look at brand exposure, fan engagement, brand coolness, yes, for sure, the return is there. If you look at the finance, not yet, but I think it will come. And it’s also a way to link it with the future strategy. So we really feel that we are now only at the beginning of the story when it comes to PSG and gaming. We entered through esports and I think that was great because that gives us also credibility now to speak about all the other verticals.”

PSG want fans of the club, not just their football teams

“If you can convert an esports fan into a football fan, a PSG fan, it’s cool. But I think what we want is to have a PSG fan. And if you are a fan of the club because you are a fan of our League of Legends team, that’s enough for me. I’m happy to have you in my base. And our whole job is to offer them what they want as an esports fan. That’s why we have a lot of work internally at the moment about the database, where the fans are, who they are, and what they are expecting from us. If you are a young League of Legends fan based in Hong Kong and you love PSG thanks to esports, and you are just expecting us to be able to sell you an esports jersey in Hong Kong, which is not the case now, we will try to develop this to be able to make you happy.”

 

The post PSG want to be the club of the new generation — and gaming has to be a part of it! appeared first on European Gaming Industry News.

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TrueLayer to Acquire Zimpler, Creating a European Pay by Bank Powerhouse

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TrueLayer, Europe’s leading Pay by Bank network, today announced that it has signed an agreement to acquire Zimpler, the fastest growing Pay by Bank network in the Nordics. The acquisition will bring together two of Europe’s most innovative Pay by Bank providers, further strengthening TrueLayer as a formidable force in the European payments industry.

This acquisition marks a pivotal moment in the evolution of Pay by Bank across Europe. By expanding TrueLayer’s pan-European network and deep expertise in payment technology with Zimpler’s strong position in the Nordic market, TrueLayer will be uniquely positioned to further accelerate the shift from legacy card payments to smarter, faster, and more secure payments via Pay by Bank.

The acquisition is another clear step forward for TrueLayer in its mission to build a powerful alternative to legacy payments in Europe, fostering greater competition, innovation and value for businesses and their consumers.

With some of the highest adoption rates of account-to-account (A2A) payments anywhere in the world, the Nordic region has been a proving ground for Pay by Bank. By acquiring Zimpler, TrueLayer will have more than 20 million users and will add coverage across key markets such as Sweden, Finland, and will add additional A2A capabilities through the Swish payment rail integration. This significantly strengthens TrueLayer’s pan-European network, accelerating the shift to smarter, safer, and more cost-effective payments.

Founded in 2012 by Johan Friis and Kristofer Ekman Sinclair, Zimpler has grown rapidly to become a Pay by Bank leader in the Nordics. TrueLayer is proud to welcome Zimpler’s founders and shareholders on this journey – joining the likes of Stripe, Northzone, and Tiger Global in backing its mission to transform the way the world pays.

“I am excited to welcome the Zimpler team to TrueLayer,” said Francesco Simoneschi, Co-founder and CEO of TrueLayer. We’ve long admired their progress, and we’re excited to add such an incredible group of builders and payment experts to the TrueLayer team We’re not just expanding our footprint in the Nordics – we’re combining talent, technology, and scale to accelerate Pay by Bank adoption across the continent, and further strengthening Pay by Bank as a force of disruption that is changing how the world pays.

Joining forces with TrueLayer is a fantastic opportunity to build the leading Pay by Bank provider in Europe” said Johan Strand, CEO of Zimpler. “TrueLayer has a proven track record of innovation and a powerful network. Our combined strengths will allow us to offer an even more compelling proposition to the market. Joining TrueLayer will enable us to reach new heights and drive the next wave of growth in the industry. At the same time, we remain firmly anchored in Sweden, with our local licence and expertise ensuring continuity for our customers.”

The post TrueLayer to Acquire Zimpler, Creating a European Pay by Bank Powerhouse appeared first on European Gaming Industry News.

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SPORTRADAR AWARDED UNITED ARAB EMIRATES LICENSE

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Sportradar Group AG (NASDAQ: SRAD) has been granted a gaming-related vendor license from the United Arab Emirates’s General Commercial Gaming Regulatory Authority (GCGRA), an independent entity of the UAE Federal Government with exclusive jurisdiction to regulate, license, and supervise all commercial gaming activities.

The license, operational with immediate effect, affords Sportradar the opportunity to provide its products and services to licensed operators.

Sportradar looks forward to bringing its 20+ year expertise and proprietary sports technology to operators and clients in the region. 

The post SPORTRADAR AWARDED UNITED ARAB EMIRATES LICENSE appeared first on European Gaming Industry News.

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