Match Ventures

✅ #SportsTech Funding News of the week: 💰 EGYM closed a Series G round of $200 million at a post-money valuation of more than $1.2 billion, from L Catterton and Meritech. 💰 OxeFit, a Texas based company into AI-driven health and fitness experiences, raised $17.5 million in funding, bringing the total to over $70 million, to date. 💰 CUDIS, the company behind the first Web3 and AI-powered wellness ring, raised $5 million in a funding round, led by Draper Associates, to challenge Oura Ring in the wearables market. 💰 Liveday, a Helsingborg-based startup focused on sports event management, raised €350k in a new funding round, with former NHL star Henrik Zetterberg as one of two new investors. 💰 Golf GameBook raised €2.5 million ($2.7 m) in a funding round from Spanish and Nordic investors. 💰 Health tech startup exakt health, which offers an app providing customized therapy plans for sports injury recovery, raised €2.2 million ($2.4 m) in Seed funding. 💰 Italian traveltech startup Mapo Tapo raised €1.15 million ($1.28 m) in a Seed funding round, orchestrated with the support of the Argo acceleration program. 💰 VALD, an Australian tech company for musculoskeletal tracking, received a growth equity investment from FTV Capital, for an undisclosed amount. 🤝 Fastbreak.ai, an AI-driven sports scheduling tech company, acquired Tourney Pro LLC, provider of tournament management solutions for youth sports, for an undisclosed amount. 

✅ #SportsTech Funding News of the week: 💰 UK based commercial grade Pilates reformer, Reform RX, secured $5.1 million in funding, led by Clarendon Fund Managers - the equity fund manager for the Investment Fund for Northern Ireland. 🤝 Dual-listed Flutter Entertainment announced that it agreed to acquire Italian gaming operator Snaitech from a subsidiary of Playtech, at a value of $2.6 billion (€2.3 billion) in cash. It also announced the acquisition of an initial 56% stake in NSX Group, a Brazilian operator of the Betnacional brand, for approximately $350 million. 🤝 Signing Day Sports announced the signing of a binding term sheet to acquire the majority of high growth Sports Gaming Technology company, Swifty Global, for an undisclosed amount. 🤝 Gaming competition platform LeagueSpot, announced its acquisition of youth and community esports league management company Mission Control, for an undisclosed amount.

✅ #SportsTech Funding News of the week: 💰 STAN raised $ 2.2 million from Indian gaming and esports media company Nazara Technologies Limited. 💰 Denmark based Golf software company, Players 1st, raised $ 1.4 million in funding from Scale Capital. 🤝 EGYM announced the acquisition of FitReserve, a U.S.-based studio and gym network, for an undisclosed amount. 💰 Kabata, the world's first AI powered dumbbells, raised $ 201k in a crowdfunding campaign. 🤝 Fastbreak.ai announced the acquisition of Optimal Planning Solutions, for an undisclosed amount.

✅ Latest funding news in #SportsTech 💰 DubClub, a Chicago based platform for people to consume premium sports content from creators, raised $7.5 million in Series A funding. 💰 Indo-Swedish sports tech startup, Spolto, secured $1 million (approximately Rs 8.4 crore) in a seed funding round led by investor Andrew Johnston. 💰 Athlens, platform dedicated to connecting student athletes with student creators and marketers, completed an angel funding round of an undisclosed amount. 🤝 Teamworks, the enterprise SaaS company serving elite sports and tactical organizations globally, announced the acquisition of Zelus Analytics, a sports intelligence platform, for an undisclosed amount. 🤝 Outside, a media company that houses dozens of outdoor enthusiast brands, acquired MapMyFitness - Under Armour Connected Fitness for an undisclosed amount. 🤝 Urban Sports Club, an European platform for sports and wellness known for its corporate employee benefit programs, acquired myClubs for an undisclosed amount. 

✅ Sports Tech Funding News of the week: 💰 National Football League (NFL) owners have approved new ownership rules that will allow private equity firms to buy passive minority stakes in franchises. 💰 Native American PE Firm Bright Path Sports Partners acquired a 44% stake in newly promoted Premier League team Ipswich Town FC. 💰 TickPick raised $250 million from Brighton Park Capital. This represents the largest fundraise in the ticketing industry to date. 💰 Slingshot AI, a New York and London based AI mental health startup, raised approximately $30 million in seed funding. 💰 Home Run Dugout, Austin based entertainment provider featuring indoor soft-toss baseball, raised $22.5 million in Series A funding. 💰 LegitFit raised €1.74 million as they aim to bolster growth in the lucrative UK market. 💰 Fanton Fantasy Football raised $1 million in a seed funding round. 💰 DraftKings Inc. acquired Simplebet for an undisclosed amount, which will enhance its in-play betting offering.

✅ Sports Tech Funding News of the week: 💸 Fortuna Investments, a venture capital and advisory firm focused on high-growth industries, launched a Women’s Sports Investment Platform dedicated to providing resources to support women’s professional sports. 💰 Women-focused gaming and esports community platform the*gamehers, raised an undisclosed amount from investment firm Dunhill Ventures. 💰 SportAI, a Norwegian B2B sports technology company, raised $1.8 million in seed funding led by Skyfall Ventures, including Norwegian chess grandmasterMagnus Carlson as a participant. 💰 ALLCITY Network, the operator of multi-platform local sports networks, raised $12 million in Series B funding round led by public broadcast company, TEGNA. 💰 CricHeroes, a Sports Tech startup focused on grassroots cricket, raised an undisclosed amount in a Series B1 funding round, led by Venture Catalysts. 🤝 Elevate acquired marketing and hospitality firm Zinc Agency, for an undisclosed amount, in a move to expand its footprint in the experiential premium hospitality space.

Great kick-off of the new Champions Innovate program. Thanks for the invite and see you next year in Munich.

Sports tech funding has started off strong this year. Here are some of the companies that have raised new rounds: • StatusPRO raised $20M Series A • ALT Sports Data, Inc. raised $2.5M Seed • PlayGreen raised $6M • Splash Inc. raised $14.1M Series A-2 • GolfForever raised $10M Series A • Scorestars raised €725K Seed • Full Venue raised €2M • Allstar raised $12M Series A • ActionStreamer raised $2.4M Series A • Camb.ai raised $4M Seed Here are some of the new funds/accelerators that have been announced: • Craig Thompson $44M for Match Ventures • Marques Colston & Nick Edwards $100M for Champion Venture Partners • Major League Soccer announced innovation lab startup accelerator • National Basketball Association (NBA) announced a new launchpad cohort We cover all this and more at Vetted Sports Tap in 👇 https://lnkd.in/dUYVHG5y #sportstech #linkedinsports #sportsbusiness

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