Discover more from The Drop
The Drop 08.30.2023
The hottest news from sports, gaming, media, web3, and fitness.
M&A continues in sports and gaming. Meaningful capital raised in fitness, music, and more. Star athletes keep investing in startups and sports.
Mergers Continue in Sports, Gaming, and Media
🤝🏻 Churchill Downs completes $250MM purchase of Exacta Systems in horse racing deal. Sony buys gaming headphone maker Audeze. Sports software startup PlayMetrics bought by Blue Star. Telltale buys Flavourworks in gaming merger. TechCrunch acquires StrictlyVC in startup media tie up.
Beyond The Game Portfolio Companies in the News
👏🏼 The founders of Artie joined The Conversation Factory on this podcast. Dreamer Labs launched Kickback Deals, a daily text and email to college students with great shopping opportunities. Atlas Reality to present at Venture Atlanta conference.
Tech news, capital raises, and more
🏋️♂️ Gym software leader Gympass grows with $85MM here
🕹️ Play Ventures announces $78MM gaming fund more
🎶 Music tix platform Dice closes $65MM details
🏫 College social network Fizz closes $25MM round read
🏋️♀️ Figur8 grabs $25MM for injury prevention more
⛳ Golf app Arccos scores $20MM cap raise details
📰 Political journalism startup Puck gets $10MM read
⚾ P2P betting app Novig adds $6.4MM here
Athletes in the News
⚽ Barca Media to go public via SPAC with $1Bn valuation read
👩⚕️ Rory McIlroy buys into $90MM Lyric cap raise more
🏏 England cricket star launches venture fund details
🏈 QBs Burrow and Allen join Fantasy Life fundraise read
🏓 NFL players and more join Texas pickleball ownership details
🏌️ Falcon’s owner buys team in Tiger and Rory’s TMRW Sports here
🏈 NFL vet starts Athletes Org for college sports more
Portfolio Company Job Postings
Eight Sleep (Fitness): Engineer and Design roles here
Oura (Fitness): Engineer and Product roles here
Artie (Gaming): Product role here
Thanks for reading The Drop! Subscribe for free to receive new posts and support my work.