Quiet start to the New Year. A few mergers, and capital continues to flow into gaming and media. Get the details on the sale of social media shows by our portfolio company Offbeat Media. Lastly, several of our portcos were recognized on Best of 2023 lists.
Top Stories
Mergers in Youth Sports and Media
🤝🏻 Youth sports merger as 3Step Sports acquires EDP Soccer. Harris and Blitzer complete $10MM buy-in to ForeverLawn Sports Complex at the Hall of Fame Village.
Cheddar News bought by Archetype for up to $50MM. Robinhood expands media vertical with Chartr purchase.
Beyond The Game Portfolio Companies in the News
👏🏼 Congrats to Offbeat Media on the sale of their shows to Gamelancer. Oura Ring, Future, and Eight Sleep were all named to Forbes’ Top 25 health and wellness products for 2023. Future also made CNN’s list of best workout apps for 2023. Oura was named the official partner of the NY Knicks.
Tech news, capital raises, and more
📱 Mobile phone game dev Second Dinner grows with $100MM here
🎮 Japan’s Nexon sets up $100MM web3 gaming program read
💬 Quora closes $75MM with focus on AI chat more
🎙️ Premium podcaster Podimo snags EUR 44MM read
🕹️ SkyArk Studios raises $15MM for web3 gaming details
🎶 Music platform Medallion gets $13.7MM more
⛳ GolfForever adds $10MM read
🏉 ArenaX scores $6MM for AI games here
Athletes in the News
⛳ Soccer and F1 stars join TGL golf league read
⚽ MLS launches Innovation Lab with 6 startups details
Portfolio Company Job Postings
Eight Sleep (Fitness): Engineer and Design roles here
Oura (Fitness): Engineer and Product roles here
Future (Fitness): Performance Coach role here