Startups Investment Recap – May 23rd

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 – May 23rd

Liga MX poised to secure $1.25B investment from Apollo Global Management

Private equity firm Apollo Global Management is looking to offer Liga MX an investment of around US$1.25 billion in exchange for a share of the Mexican soccer league’s international media revenue.

Mashgin raises $62.5M in Series B Funding at a $1.5B valuation

Mashgin, whose self-checkout machines are used at more than 30 sports stadiums, has raised $62.5 million in Series B funding to accelerate expansion and help the company scale internationally.

Irreverent Labs confirms $40M funding round led by Andreessen Horowitz

The $40 million funding will be used to further boost Irreverent Labs’ efforts to create MechaFightClub, a robot cockfighting game that combines emerging technologies including AI and NFTs.

Playtika inject $5M in unique collection and trading card game developer ProDrops

ProDrops, a developer of collection and trading card game for gaming and Esports, has secured a $5 million seed investment from mobile gaming and technology market leader Playtika.

HYPE alumni Sizzle.gg raises $5M in seed funding round

Leading AI-driven automatic and personalized highlights for esports leagues and streamers, Sizzle.gg, has raised $5 million in a seed funding round led by White Star Capital, along with participation from Progression Fund, Eterna Capital, Play Ventures, Mindset Ventures, Xoogler Ventures and others.

FIBA-approved Smart basketball creator SIQ raises $3M from KB Partners and Tera Ventures

The new investment will enable SIQ Basketbal’s patented technology and coinciding digital platform to continue rapid expansion into untapped markets.

GameFi startup N3twork Studios raises $46M in Series A funding

Led by Griffin Gaming Partners, the funding will further help the development and launch of N3twork Studios’ first two blockchain games, Legendary: Heroes Unchained and Triumph.

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