SportsTech Investment Summary

Startups Investment Recap – January 26

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 – January 26

Social Sportsbetting App Wagr Gets $12M Backing from 76ers & Patriots Owners

The Wagr sports betting app received a huge $12 million investment from a number of parties – including the Kraft Group and Harris Blitzer Sports.

FTX Creates $2 Billion Fund to Expand Blockchain Adoption

FTX, a cryptocurrency agency in the field of sports sponsorships, has launched a $2 billion enterprise capital fund to spend money on blockchain and Web3 applied sciences.

NFT startup, Autograph, has raised $170 million

Tom Brady’s NFT startup, Autograph, has raised $170 million in new venture capital funding with big name athletes like Naomi Osaka, Tiger Woods, Simone Biles, Tony Hawk and Usain Bolt among its board of advisors.

Fan Controlled Football raises US$40mFractal AI Turns Unicorn with $360 Million Funding

Fan Controlled Football (FCF), the tech-focused indoor football league, has secured US$40 million in additional investment and admitted two new teams governed by members of two non-fungible token communities.

Saudi-backed Savvy Gaming buys ESL and FACEIT for ‘US$1bn’Fanatics Acquires Topps Trading Cards

Esports organisation ESL Gaming and competitive gaming platform FACEIT have merged after the pair were bought by the Saudi-backed Savvy Gaming Group.

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