Startups Investment Recap – June 29th

Hello HYPE readers!

Welcome to your bi-weekly recap where we come to you with all the green goodness in the startup investment sector. Let’s dive in.

Startups Investment Recap – June 29th

HYPE alumni startup Tally Technology closes $4M funding round led by Acies Investments

Premier global fan engagement platform Tally Technologies has announced the closing of its oversubscribed $4 million Series Seed funding which will support the US-based startup to further invest in its data platform, expand its operations, and build out a wider variety of game types.

Doha-based Sportstech startup Sponix Tech bags funding from Aser Ventures

Aser Ventures has acquired a strategic stake in Sponix Tech, an AI-powered sports broadcasting software startup based in Doha.

Dortmund invests €8.5m in Germany-based automated video and AI company Staige

Staige, an automated video production company, has landed €8.5 million funding from Bundesliga club Borussia Dortmund, while also signing a new partnership with Spanish youth soccer streaming platform Footters.

Bain Capital set to acquire sports streaming tech platform Deltatre in a a multi-million dollar deal

Bain Capital and Nextalia have agreed to acquire streaming technology provider Deltatre from Bruin Capital in a deal reportedly ranging between $700 and $900 million.

Susquehanna invests $65M in PointsBet to become the largest shareholder

Injecting $65.2 million, Financial services firm Susquehanna International Group (SIG) has acquired a 12.8% stake in online sportsbook PointsBet, who will use the investment to expand its North American sports betting operations.

Esports fantasy startup FanClash secures $40M funding for global expansion

FanClash, an Indian esports fantasy startup, has raised $40 million in Series B funding from Alpha Wave Global, Sequoia Capital India, Info Edge and Polygon.


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