Startups Investment Recap – December 1st

Brisbane sports tech raises $36m after ditching IPO plans

Having abandoned a planned IPO in 2021, Brisbane-based sports technology company Vald has raised $US25 million ($36 million) to fund acquisitions, nearly double its local headcount and expand in the US healthcare market.

Billionaire Jeff Skoll joins Monumental Sports as minority investor

The ownership group of the Washington Wizards, Capitals and Mystics has a new minority investor in eBay billionaire Jeff Skoll, Monumental Sports & Entertainment announced Tuesday.

Classified cycling raises €22M euros in push to reinvent industry

Classified Cycling, a Belgium-based company developing innovative drivetrain technology for the cycling industry, today announces it has closed a funding round of €22 million led by Active Partners, the investors behind well-known cycling brands Rapha and Evans Cycles.

Carlyle raises more than $3 billion to invest in sportstech

U.S. buyout firm Carlyle Group has raised more than three billion euros ($3.12 billion) for a pan-European technology fund that is taking advantage of “pockets of life” in the economy