Startups Investment Recap – October 6th
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 – October 6th
Fabric raises US$4m to boost AR fan interaction platform
Geospatial web platform Fabric announced it has raised US$4 million, including investment from Sapir Venture Partners, that it says will improve and expand its offering. Fabric transforms in-person events and experiences by delivering immersive real-time social, gaming, blockchain, and augmented reality (AR) experiences.
Athletes Unlimited raises US$30m in funding round including Kevin Durant
Athletes Unlimited, the network of professional women’s sports leagues, has raised US$30 million in a new funding round that included investment from Kevin Durant and Rich Kleiman’s 35 Ventures. The round was led by Schusterman Family Investments and also included Earlystone management’s Jane Gottesman, film producer Sharon Harel-Cohen, Philadelphia 76ers owner David Blitzer, and more!
Esports startup – Gamurs – has raised $12 million USD from renowned US sports tech investors
Only eight years after launching, Riad Chikhani’s esports and gaming media start-up Gamurs has grown its reach to 55 million people monthly and banked $US12 million ($18.5 million) from renowned US sports tech investors.
Scout Raises $2.6 Million to Turn Student Athletes Into Investors
Scout, an app designed to help people establish their first investment habits, recently raised $2.6 million in a seed funding round. So far, the company has focused on getting users on college campuses, and particularly inside athletic facilities.
Egyptian gaming startup InGame Sports raises $1m pre-seed funding
Egyptian gaming and sports-tech startup InGame Sports has raised over US$1 million in cash, in-kind resources, and grants in a pre-seed round to help it expand internationally and launch new products.
Zynga acquires Israeli mobile growth platform Storemaven
U.S. gaming company Zynga, a wholly-owned publishing label of Take-Two Interactive Software, announced on Monday that it has completed the acquisition of Storemaven, an Israeli company developing mobile growth and App Store Optimization (ASO) technologies.
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