SportsTech Investment Recap – March 1st
Looking to stay up to date on the latest sports tech investments? Check out the Sportstech Investment Recap for March 1st, which features a variety of startups and investment rounds from around the industry. From wearables to e-sports, there’s something for everyone in this exciting roundup!
SportsTech Investment Recap – March 1st
Fantasy Sports App Champions Round Raises $7 Million in Funding Round
Champions Round, a fantasy sports app, has raised $7 million in its latest funding round. The platform allows users to compete in daily and weekly fantasy sports leagues for real money prizes and plans to use the funding to expand its user base and develop new features.
Collx Raises $5.5M to Develop AI-Powered Trading Card Valuation Tool
Collx, a startup that uses AI to scan and evaluate the value of trading cards, has raised $5.5 million in funding. The company plans to use the funds to develop its technology and expand its offerings beyond sports cards to include other collectibles such as Pokémon and Magic: The Gathering.
Former BharatPe CEO’s Venture CrickPé Becomes Third Indian Fantasy Cricket Startup To Achieve Unicorn Status
CrickPé, an Indian startup that offers a fantasy cricket app, has become the third company in the industry to achieve unicorn status with a $1 billion valuation. Founded by former BharatPe CEO Ashneer Grover, CrickPé plans to use the funding to develop new features and expand its user base.
China’s e-sports company NeoTV Group prepares for Nasdaq IPO
NeoTV Group, a Chinese e-sports company that offers online gaming and entertainment services, is preparing for an initial public offering (IPO) on the Nasdaq stock exchange. The company plans to use the funds raised from the IPO to expand its business and develop new products.
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