SportsTech Investment Recap – March 16th

Looking to stay up to date on the latest sports tech investments? Check out the Sportstech Investment Recap for March 16th, which features a variety of startups and investment rounds from around the industry. From massive billion dollar investment funds to sport team buy-outs! Stay up-to-date with HYPE.

SportsTech Investment Recap – March 16th

LeBron James increases equity stake in Liverpool FC

FSM and LRMR Ventures have extended their strategic partnership to continue to secure exclusive, marketing and sponsorship opportunities for NBA Champion LeBron James.

Dude Perfect purchase a Pickle-ball team at $5M valuation

Internet influencers Dude Perfect are investing into Major League Pickleball, according to founder Steve Kuhn; the latest high profile celebrities looking to capitalize on the sport’s meteoric rise.

England WNT wins £600 million investment for girls’ sports

The United Kingdom government will put £600 million toward equal athletic opportunities for girls as a result of a push from the England women’s national team.

Major League Rugby reportedly seeking $100M investment

Major League Rugby is reportedly looking for $100 million to grow the sport in the U.S. The 12-team North American rugby league is raising money to expand its reach, according to Bloomberg.

Volkswagen plans almost $200 Billion in investment

After battery electric vehicle (BEV) sales rose 26% in 2022, Volkswagen is doubling down on its EV strategy, investing nearly $200B (€180 billion) over the next five years to ramp production.