Startups Investment Recap – August 10th

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 – August 10th

Sportsbox AI closes $5.5M seed round to develop mobile motion capture coaching tech

Sportsbox AI, an AI coaching startup that provides real-time analysis on player movement and activity using a single mobile phone camera, has closed a $5.5 million seed round led by EP Golf Ventures.

VR basketball app Gym Class raises $8M in seed round led by Andreessen Horowitz

Led by Andreessen Horowitz with participation from Y Combinator, virtual reality basketball app Gym Class that allows users to play online basketball with a Quest VR headset has raised $8 million in seed funding round.

FC Barcelona secure $100M investment from Socios to expand club’s Web 3.0 efforts

FC Barcelona has sold a 24.5% stake in Barça Studios, its digital content production arm, to crypto fan token platform Socios.com for $100 million in order to accelerate club’s production efforts across NFTs, digital collectibles and other Web3 projects.

Acon closes $700m continuation funding round with backing from NFL, MLB and NBA

Acon Investments has announced the closing of a single-asset continuation round worth around US$700 million to increase its stake in the New Era headwear brand.

Betr, co-founded by YouTube star Jake Paul, raises $50M in Series A funding

Tampa-based Florida Funders have made a $5 million investment into a Miami-based betting startup Betr, who announced it closed a $50 million Series A round.

Sports Media company, Overtime, raises $100M in series D funding

In a funding round led by Liberty Media, the owner of Formula 1 and the Atlanta Braves, and by Morgan Stanley’s Counterpoint Global fund, Overtime has raised $100M to expand into the Sports NFT market.

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