SportsTech Investment Summary

Startups Investment Recap – November 24

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 – November 24

BetDEX Scores Record Round for Decentralized Betting

Former FanDuel Execs’ team for new wagering platform, secure record $21m seed round

Alt Adds $75 million Series B for Asset Platform

Expanding beyond sports cards, Alt focuses on the broader market in collectibles & NFTs

£42 Billion Potential: Lebron & Osaka Back StatusPro XR

Joining other big-name investors like Drake, athletes are flocking to American gaming company positioned for explosive growth in XR

Real Money, Real Fast

DFS/Sports Betting space sees Portland, Oregon based GridRival shed freemium model, raise $3M round for Motorsports wagering app

Stack Sports Snaps-Up Team App

Stack Sports moves to acquire Australian firm Team App, further solidifying itself as a major force in the $15 billion youth sports vertical


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