M&A continues strongly in our target sectors with DraftKings and Complex leading the way. Disney makes a big move with Fortnite plans. Social media giant Reddit is set to IPO finally. NBA and NFL players keep making sports investments.
Top Stories
Mergers in Gambling, Gaming, Media, and Sports
🤝🏻 DraftKings buys lottery leader Jackpot for $750MM. FanDuel acquires igaming group BeyondPlay. Lottery.com snags Sportlocker. First Pick purchases Sideline in fantasy tie up.
BuzzFeed sells Complex to livestream shopping startup NTWRK for $108MM. Playfly Sports expands to Europe with Evolution Sports buy in media space.
Infinite Reality pays $75MM for Ethereal Engine in metaverse deal.
Svexa purchases Kollektiv in European sports training merger. Golf Genuis acquires Shotzoom.
Beyond The Game Portfolio Companies in the News
👏🏼 Oura Ring partners with Noom and also announces new resilience tracker.
Tech news, capital raises, and more
🐭 Disney makes $1.5Bn investment in Epic Games and announces 10th accelerator cohort
💬 Reddit files IPO docs with expected $5Bn valuation details
🏈 Status Pro lands $20MM for VR sports read
🔫 Overworld brings in $10MM for role play game here
📺 Meet the Comcast Sports Tech accelerator companies details
Athletes Making News
🥤 Raiders Crosby buys into Zenwtr details
🎾 Drew Brees joins Picklr as investor and ambassador here
🏀 NBA’s Perkins gets onboard NIL platform Nilly more
🏐 NBA vet Milsap invests in women’s volleyball read
Portfolio Company Job Postings
Eight Sleep (Fitness): Engineer, Design, and Growth roles here
Oura (Fitness): Engineer and Ops roles here
Future (Fitness): Performance Coach role here
Fount (Health): Research Assistant role here