Lots of news in the esports space as Infinite Reality IPOs and NBA and NFL people make headlines. We saw new fundings in health tech, sports, and gaming.
Top Stories
Fanatics Adds $700MM
⚾ Leading sports company Fanatics added $700MM in new capital at a $31Bn valuation. They plan to start offering sports betting in 2023. Read
Infinite Reality Going Public
🕹️ Metaverse and esports company is going public via SPAC merger which will value the entity at $1.85Bn. This follows Infinite Reality’s purchase of ReKTGlobal in July for $470MM. Read
Tech news, capital raises, and more
🎮 FTC sues to block Microsoft’s $68Bn purchase of Activision read
👩🏽⚕️ Lumen raises $62MM for metabolic health here
💬 GameOn gets $35MM for sports chatbot more
👾 Avatar dev Common Ground announces $25MM round here
🏀 NIL company Opendorse closes $20MM funding read
🏋️ Arketa closes $7.6MM raise for fitness platform details
💍 Oura launches corporate wellness program read
🎰 IMG Arena buys Leap Gaming in sports betting deal details
🔮 Zwerner’s 2022 web3 predictions reviewed here
Athletes in the News
⚾ Jeter’s Arena Club adds $10MM for sports collectibles here
🕹️ NBA’s Hayward invests in beastcoast esports team more
🎮 Jerry Jones’ esports team to NASDAQ small cap market details
🏆 Own The Moment gets team in SimWin Sports read
🎙️ CMO of Fan Controlled Sports on pod listen
Highlighting Diversity in Tech
🎙️ Drive Capital’s ATL GM on pod listen
💸 Pitch competitions, grants, and events directory here
Portfolio Company Job Postings
Oura Ring (Health): Ops, Product, and Dev roles here
Eight Sleep (Fitness): Engineer, Growth, Product roles here
GreenPark Sports (Gaming): Engineer roles here
Fan Controlled Sports (Sports): Ops, Dev, and Marketing roles here
Artie (Gaming): Engineer and Artist roles here
Fount (Wellness): Biz and Engineer roles here