Miami Dolphins, FIBA, and LAFC join the new HYPE SportsTech Global Virtual Accelerator to help bring Sports back
Over 900 startups Apply to solve sports new global challenges More than 900 innovative startups from the SportsTech ecosystem have applied for the HYPE Sports Innovation Global Virtual Accelerator to support the SportsTech Industry during these complicated times. The world has been struck with a plague of uncertainty and the need for leadership and guidance … Continued
Over 900 startups Apply to solve sports new global challenges
More than 900 innovative startups from the SportsTech ecosystem have applied for the HYPE Sports Innovation Global Virtual Accelerator to support the SportsTech Industry during these complicated times. The world has been struck with a plague of uncertainty and the need for leadership and guidance for startups is more relevant than ever before.
Top teams and Industry leaders including: Los Angeles FC, Miami Dolphins, Paris St Germain and others…
They are all focusing now on selecting the best solutions to address the sports industry major challenges.
These are the top 8 challenges as shared by the teams:
- Monetizing games with no fans.
- Improving digital content personalisation.
- Virtual Membership for season ticket holders.
- Touch-less Fan Journey (smart stadium).
- Non-Invasive Performance Data Collection.
- Partner activations/asset replacements.
- Global 360 Communication between Fans, Teams & Coaches.
- Social Distancing within the Stadium
The Global Virtual Accelerator is part of a SportsTech Accelerators network run by HYPE in 12 location worldwide including with FC Koln from the Bundesliga, NYU,
Loughborough University in London and more in the past 4 years.
This intense program will run for 8 weeks, fully virtually, with focus on creating pilots with top clubs and leagues and additional fundraising for the startups.
Amir Raveh, HYPE Sports Innovation founder, said in connection with the upcoming accelerator program:
“Coronavirus is disrupting the way consumers behave dramatically, and its ripple effects are far from being over. Sports, suffering from a major hit globally, will have to adapt to new rules and a new game plan.
The Virtual accelerator will bring together HYPE’s extensive startups value creation experience together with the strongest sporting brands. It will tackle the real challenges the different stakeholders are facing, from sports teams to federations and leagues”.
Los Angeles FC
Augmented Reality is an example of a challenge which we are looking to solve. The ability to measure clothing, shoes and merchandise “In-App” is something which LAFC are focusing on in order to boost retail, customer engagement and ultimately any startup that can provide a platform which can provide a deep, proven solution for this will be considered by LAFC.
“The Touch-less journey is going to be a thing… Anything from interaction in a restroom to self service beer, pretty much anything around health metrics”Christian Lau – Chief Tech Officer LAFC
The Los Angeles Football Club (LAFC) is the newest MLS soccer club serving the greater Los Angeles area. Coming off a record-breaking season, LAFC is dedicated to building a world-class soccer club that represents the diversity of Los Angeles and is committed to delivering an unrivaled experience for fans. LAFC’s ownership group is comprised of local leaders and innovators of industry with intellectual capital, financial prowess, operations expertise and success in the fields of entertainment, sports, technology and media. LAFC is invested in the world’s game and Los Angeles, constructing and developing the 22,000 seat Banc of California Stadium and a top-flight training center on the campus of Cal State Los Angeles.
The leading Global platform for sports innovation, with 40k+ members including Startups, Sports Leaders, Investors and Mentors, we are a proven gateway for converting SportsTech into Business Success.
Our Accelerator network expands over 12 locations worldwide, with leading sports brands and institutions such as: FIBA, Amazon, 1.FC Koln, NYU, Asics and others amongst our partners.
Unmatched Equity portfolio including 200+ early stage startups that graduated from the HYPE SPIN® Accelerator, raising a total of $181M and 40% that have raised a 2nd round.
Want to learn more about the HYPE Global Virtual Accelerator?