SportsTech Investment Summary

Startups Investment Recap – June 22

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 – June 22

Quintar, a sports-focused augmented reality startup founded by former Intel sports execs lands seed round

Quintar, a sports-tech startup founded by Sankar “Jay” Jayaram and Jeff Jonas, believes sports’ AR future will begin arriving next year, and it has announced backing from SeventySix Capital to develop a platform for rightsholders ranging from teams to broadcasters.

Canadian Elite Basketball League Offers Bitcoin Payments to Players

The Canadian Elite Basketball League will become the first North American professional sports league to offer portions of player salaries in Bitcoin. Canadian cryptocurrency exchange Bitbuy will send the payments to players after partnering with the CEB

How AI and Blockchain technology will impact the sports tech market

The global sport technology market was valued at US$ 27,589.5 Mn in 2018. It is expected to expand at a CAGR of 14.7% during the forecast period.

Spotify entering the sports live audio market with their new app

after acquiring the company behind the sports-focused audio app Locker Room in march. Spotify now launches its live audio app, Spotify Greenroom


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