Weekly Drop

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The Weekly Drop 01.20.2022
weeklydrop.substack.com

The Weekly Drop 01.20.2022

The hottest news from sports, gaming, media, fitness, and consumer tech.

Brian Zwerner
Jan 20
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The Weekly Drop 01.20.2022
weeklydrop.substack.com

Here is weekly drop of the hottest news from sports, gaming, media, fitness, and technology. It was another huge week in the gaming and Metaverse sector, with Microsoft acquiring Activision and big capital raises from others.  We also saw money flowing into fitness and coaching startups, and two new SPACs with star athletes involved.

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Top Stories

Microsoft Buying Activision Blizzard for $68.7Bn

👾 It only took one week for a new record deal in gaming M&A, as Microsoft’s purchase of Activision climbs over the Zynga acquisition.  Microsoft sees Activision as a key piece of their race to be a contender in the Metaverse battle. Read

Animoca Brands Raises $358MM

🕹️ Animoca has been an early leader in blockchain gaming, and the company is diving deep into the Metaverse.  They closed a new funding round at a $5Bn valuation.  Read

Tech news, capital raises, and more

🎮 ReKT esports in talks to go public at $400MM valuation details

👾 Wilder Worlds adds $30MM for Metaverse game more

⌚ MyZone lands $17.2MM for fitness wearable read

🏋️‍♂️ FitLab raises $15MM, makes 3 acquisitions here

⚽ Masters gets $2.7MM for athlete training read

🏃‍♀️ GQ reviews Future’s fitness coaching app details

🖼️ Zwerner covers collectible and art NFTs here

Athletes in the News

🏎️ Andretti-backed SPAC raises $200MM read

⛳ SPAC from Tiger Woods gets $150MM more

🏀 MJ joins $46MM raise for NFT platform Metaplex here

⚾ Mustard adds $3.75MM for AI coaching with NFL and MLB stars details

Highlighting Diversity in Tech

👩🏾‍💼 Bet on Black pitch show watch

🎙️ Audio Up launches wellness pod with producer Maejor details

💸 Pitch competitions, grants, and events directory here

Portfolio Company Job Postings

Oura Ring (Health): Product and Engineer roles here

Eight Sleep (Fitness): Engineer, Growth, Product roles here

Future (Fitness): Product and Engineer roles here

Artie (Gaming): Engineer and Design roles here

GreenPark Sports (Gaming): Engineer and Creative roles here

Fan Controlled Football (Sports): Marketing roles here

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