The Weekly Drop 02.23.2023
The hottest news from sports, gaming, media, web3, and fitness.
Sports funds continue to accumulate large capital amounts. Funding for startups slowed, but we saw investments in streaming, content, gaming, and fitness.
Top Stories
More Big Sports Funds Launched
💸 We continue to see new funds focused in the sports sector emerging. Carmelo Anthony and WWE execs announced a $750MM Isos7 Growth Equity fund. A former IMG exec revealed Bluestone Equity Partners and their new $300MM fund.
Beyond The Game Portfolio Companies In The News
🎉 DanceFight gets Animoca Japan investment. Players’ Lounge named Top 10 gaming startup. Fount’s CEO on a podcast and also an interview with their COO. Offbeat CEO discusses social media and content. Future head of performance on personalized training.
Tech news, capital raises, and more
📺 Streaming TV Atmosphere adds $65MM funding read
💸 Amazon leads $20MM funding for Superplastic more
👾 Mino Games adds $15MM for web3 gaming details
🕹️ Yield Guild Games gets $13.8MM in token deal here
🏃♀️ Quell closes $10MM round for home fitness details
🎶 HYBE buys music leader Quality Control more
🏎️ Apply for Techstars Sports Indy by Mar 8th here.
Athletes in the News
🎾 KD invests in Pickleheads Seed round here
🏀 NBA partners with Gym Class VR game read
Portfolio Company Job Postings
Oura Ring (Health): Ops, Product, and Dev roles here
Eight Sleep (Fitness): Engineer, Growth, Product roles here
GreenPark Sports (Gaming): Marketing roles here