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Investment

The investment in tech startups working at the intersection of sports, health, media and entertainment provides a clear indication of the trends in the industry. From early stage seed investments to large scale capital raises, these announcements signal ‘the future’ when it comes to sports data, digital and technology. 

05
Jul

Amazon’s expansion into sports media

Source: https://www.reuters.com/article/us-amazon-com-sports/amazon-after-big-hire-experimenting-with-sports-media-strategy-interview-idUSKCN1TU0PT   Chinese billionaire and Alibaba founder, Jack Ma, is gathering data from fans, in the hopes of transforming the e-commerce and broadcasting space in sports. Alisports, the Alibaba Group’s sports division, is adopting a new strategy by buying broadcast rights and collecting viewer information to tailor sports advertising, selling everything from running shoes...
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05
Jul

Billionaire Minnesota Vikings owners invest in Esports

Source: https://www.bizjournals.com/twincities/news/2019/07/01/minnesota-vikings-owners-jump-into-esports-with.html New-York based sports technology investment fund, WISE Ventures (Wilf Innovative Sports & Entertainment) is launching two Esports franchises to compete in a “Call of Duty” league. The investment fund was set up in 2018 by brothers Mark and Zygi Wilf, owners of the NFL’s Minnesota Vikings. Call of Duty is a popular first-person...
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05
Jul

Dream 11 nets $1billion valuation after new investment

Source: https://techcrunch.com/2019/04/09/dream11-1-billion/ The India-based fantasy sports platform has announced that its valuation has surpassed $1 billion, following a new investment. Dream 11 is a fantasy sports service that hosts cricket, NBA, soccer and other sports content on its online platform. Its new valuation came after a secondary sale that involved the transfer of a small...
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02
Jul

Sapphire Ventures’ new $115 million sports tech fund

Source: https://venturebeat.com/2019/01/28/sapphire-ventures-launches-115-million-sports-tech-fund-with-big-name-backers/   Silicon Valley VC firm Sapphire Ventures has launched a new $115 million sports tech fund, called “Sapphire Sport’. According to the press release, the fund will focus on sports technology startups and extend to media and entertainment industries. The Sapphire Sport Fund is backed by some big names;  Adidas, AEG, Major League...
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02
Jul

ArqamFC acquired by StatsBomb

Source: https://www.menabytes.com/arqamfc-statsbomb/ Egyptian sports data startup ArqamFC has been acquired by StatsBomb, the UK football analytics company. ArqamFC was founded in 2017 and collects over 5,000 data points every match, selling critical data analytics to clubs, agencies, and players to help improve game performance, player management and talent recruitment. According to the ArqamFC website, some...
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02
Jul

Drone Racing League raising $50 million

Source: https://techcrunch.com/2019/06/24/drone-racing-league-is-raising-50-million/   The Drone Racing League has published SEC documents, announcing that they are looking to raise up to $50 million from investors in a Series C round. $26 million of that amount has already been raised, and the startup is hoping to find other investors to secure the rest. Investors in new round...
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02
Jul

Tokyo 2020 Olympic Games amasses $3+billion in Sponsorship – breaking last record by 3x

Source: https://frntofficesport.com/tokyo-2020-sponsorship/   The International Olympic Committee (IOC) has announced that the 2020 Tokyo Games has generated over $3billion in domestic sponsorship revenues. That’s more than any Olympic Games in the past, and three times the previous record held by the London 2012 Games which raised $1.1 billion. According to the IOC’s Coordination Commission chief...
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