The Weekly Drop 01.20.2022
The hottest news from sports, gaming, media, fitness, and consumer tech.
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