The Weekly Drop 10.20.2022
The Weekly Drop 10.20.2022
The hottest news from sports, gaming, media, web3, and fitness.
Light capital raise week in our target sectors. A movie studio gets a big chunk of cash to do more in sports. We saw acquisitions in gaming and ecomm. Two former NFL players raised money for venture funds.
Top Stories
Skydance Media Raises $400MM
🎥 Movie studio Skydance has recently expanded into sports media. The company raised new funding at a $4Bn valuation to support this and other new content. Read
Will Ventures Closes New $150MM Fund
🏈 Led by former NFL player Isaiah Kacyvenski, Will Ventures has grown fast in the sports tech space. The VC announced their second fund this week. Read
Tech news, capital raises, and more
📰 Jasper gets $125MM for AI content creation here
🎮 ChainSafe adds $18.75MM for web3 gaming tools details
🕹️ Playstudios buys Brainium in $70MM mobile game merger more
👟 GOAT Group purchases Grailed for clothing expansion here
📱 Zwerner on decentralized social media read
Athletes in the News
💰 NFL vet Nece closes $200MM fund for Next Play Capital read
🏀 KD, Lonzo and more invest in Gym Class VR more
🍷 NBAers Redick and Hart join InVintory raise here
🎙️ Fan Controlled Sports CEO discusses expansion to hoops listen
🏈 Michael Vick masterclass NFTs coming on SportsIcon details
Highlighting Diversity in Tech
💸 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): Engineer roles here
GreenPark Sports (Gaming): Engineer roles here
AudioUp (Media): Production roles here