Mergers continue in the sector with deals announced in sports and video gaming. Capital raises in those areas continued in a difficult funding market. A few new athlete investments in a soccer club and a cycling app.
Top Stories
Several Mergers in Sports and Gaming
🤝🏻 Endeavor sells IMG Academy to private equity for $1.25Bn. Yahoo grabs sports betting startup Wagr. Two game dev purchases as Sony buys Firewalk Studios and Epic Games buys Brazil-based Aquiris. Amazon grows podcasting with Snackable acquisition. Religion of Sports purchases a U.K. producer. Playfly Sports adds Aspire in ticket deal. Klutch Sports acquires ELITE Talent Management.
Beyond The Game Portfolio Companies In The News
👏🏼 Oura Ring begins selling at 850 Best Buy locations and clocks in at #33 on the CNBC Disruptor 50 list. Atlas: Earth adds new restaurant partners for their location-based game. Get all the latest web3 news on the EMPOW3R newsletter. And make sure to check out the W3 Studio community pass NFTs here.
Tech news, capital raises, and more
🎟️ SeatGeek turns to IPO after SPAC failure read
🎙️ Streaming platform Fireside nets $25MM more
💬 Texting platform Community gets $25MM funding details
⚽ Goal closes $20MM for soccer esports read
🥋 Karate Combate web3 game adds $18MM here
📺 Mansa closes $8MM for Black content platform details
🏀 Black Top Hoops VR maker gets $5.1MM more
🏋️ More carnage in at-home fitness as Lululemon looks to sell Mirror here
📰 SportsTechX global market report download
Athletes in the News
🏈 T-Mobile announces new sports and entertainment cohort more
⚽ JJ Watt invests in U.K. soccer club read
🚴♂️ F1’s Bottas and more invest in cycling startup Link My Ride details
📺 NFL Vet Westbrook and ZIYNX present Difference Makers watch
Portfolio Company Job Postings
Oura Ring (Health): Ops, Product, and Dev roles here
Eight Sleep (Fitness): Engineer, Growth, Product roles here
GreenPark Sports (Gaming): Design and Marketing roles here