SportsTech Investment Summary

Startups Investment Recap – July 6

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 – July 6

ONEPLAN RAISES $3.8 MILLION FOR EVENT PLANNING, SEAT-MAPPING TECH

OnePlan, A promosing AI event planning software, has raised $3.8 million in Series A funding at a $15 million valuation as they look to grow its platform across the sports world.

Michael Jordan Invests in sports streaming app Buzzer’s $20 million Series A

As part of a $20 million Series A raise, streaming sports discovery app Buzzer has added more than 20 current and former athletes to its cap table, headlined by Michael Jordan and Wayne Gretzky.

Ares Management Invests $1B in Sports, Including San Diego Padres and Atlético de Madrid

Ares Management Corporation,a firm that manages about $227 billion in assets worldwide, has recorded $1 billion in investments across the sports and media sector in the last six months.

Social Media App Calaxy Raises $7.5 Million, Reveals Slate of Celebrity Creators

Calaxy, a new NFT social media app that lets fans communicate directly with stars in sports and entertainment, has raised $7.5 million and announced its initial lineup of creators joining the platform. Brooklyn Nets guard Spencer Dinwiddie is a co-founder of Calaxy.


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