Startups Investment Recap – February 2nd
In the first week of February, investments in sports gaming saw a massive uptick with new investment funds set to revolutionize the industry.
Startups Investment Recap – February 2nd
Hidden investment opportunities during a downturn market
As we have seen in the past, recessions can offer significant opportunities for those willing to think long-term and act now. In this blog, Amir Raveh inked some thoughts for any investor to consider if debating whether or not to invest during these times. As always, with sports and innovation in mind.
Mythical Games Raises $50M, Releases NFT- Gaming Marketplace
Mythical Games, a web3 gaming giant, may raise $50 million from investors to expand in the decentralized gaming space. This follows the company’s announcement of initiatives to bring web3 to the average gamer.
Oh Baby Games raises $6m to mix crypto and traditional gaming
The Australian company has just raised $6 million USD in seed money from a round co-led by Egirl Capital and Synergis Capital. It also saw participation from Hillhouse Capital, Gmjp, Merit Circle DAO, and Twitch co-founder Kevin Lin.
Investment in African gaming startups gains momentum
With African mobile gamers growing from an estimated 77 million in 2015 to 186 million in 2022, gaming startups are pulling in multimillion-dollar investments
Sports tech fund Venturerock invests $2.25M in POGR
Venturerock, a $75 million sports tech fund that launched last fall , has made its first major investment by allocating $2.25 million in POGR , a startup seeking to build a Google Analytics-style product for esports and the metaverse.
Sapphire Sport Starts $181 Million Venture Fund as Sector Grows
Venture capital firm Sapphire Sport has raised $181 million for a new fund, adding investors from across the sports world as it looks to capitalize on growing interest in the sector.
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