SportsTech Investment Summary

Startups Investment Recap – March 23

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 – March 23

Aaron Rodgers’ RX3 Ventures help Hydrow raise $55M in Series D funding

The leading at-home connected rower Hydrow has raised $55 million in a Series D funding round led by Liberty Street, Activant Capital and Sandbridge Capital.

Report: Cricket NFT marketplace FanCraze raises US$100M in a funding round involving Cristiano Ronaldo

According to Bloomberg’s reports, the series A funding round is led by venture capital firms Insight Partners and B Capital Group with football icon Cristiano Ronaldo also financially backing FanCraze.

Sony acquires Canadian gaming company Haven Studios

Sony Interactive Entertainment have expanded the PlayStation Studios family with the latest acquisition of leading Canadian gaming developers Haven Studios.

Table Tennis Venue startup PingPod closes $10M Series A funding for expansion

The Series A funding round led by Sequoia Heritage will see the company behind the 24/7 futuristic Table-Tennis-On-Demand concept expand to Philadelphia.

CVC Capital in talks for $1.7B stake in French football Media Rights

If concluded, the deal will see private equity firm CVC Capital Partners acquire 13% of French football’s new commercial arm.

Tennis star Naomi Osaka gets equity stake in Crypto exchange FTX

The four-time Grand Slam winner has signed a long-term partnership agreement to become the brand ambassador of Cryptocurrency exchange platform FTX.

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