Startups Investment Recap – September 21st
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 – September 21st
Sports metaverse platform – LootMogul – seals $200 million in funding
LootMogul, a sports metaverse platform that spans NFTs, branded virtual real estate, and blockchain gaming, has secured a $200 million funding commitment from investment firm Global Emerging Markets Group.
Animoca Brands raises US$100m in a strategic funding round
Animoca Brands has raised US$110 million in a strategic funding round, with new investment from Temasek, Boyu Capital and GGV Capital as the blockhain specialist issued convertible notes to a small number of institutional investors at a conversion price of AUS$4.50 (US$3.10).
New York Yankees take minority stake in AC Milan
US-based investment firm RedBird Capital has teamed up with the owners of the New York Yankees to complete the $1.2 billion acquisition of Italian football giants AC Milan.
InsideTracker Raises $15 Million Series B Round Led by PeakBridge
InsideTracker, which applies machine learning algorithms to wellness data and biomarkers, has raised a $15 million Series B round led by PeakBridge and joined by returning investor BASF Venture Capital GmbH, as well as Cornucopian Capital and OurCrowd.
Weightlifting Camera and Data Company Perch Raises $4 Million
Weightlifting camera and data company Perch has raised a new $4 million funding round. Perch makes a 3D camera that straps to weight racks to track an athlete’s movements as they lift, including calculating sets, reps, velocity, and power output via a connected app.
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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