Startups Investment Recap – September 7th

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 – September 7th

nVenue bags $1M investment from EBCI Holdings in strategic funding

Predictive analytics company nVenue, who previously announced $3.5 million in seed funding in February, has secured $1 million in new strategic funding from EBCI Holdings.

VidMob raises $110M in Series D funding round led by DraftKings and Shamrock Capital

VidMob, an AI platform that generates data on how consumers interact with ads, has received investment from Drive by DraftKings and Shamrock Capital in a $110 million Series D funding round.

New York Yankees take minority stake in AC Milan

US-based investment firm RedBird Capital has teamed up with the owners of the New York Yankees to complete the $1.2 billion acquisition of Italian football giants AC Milan.

Castore valued at $864M after raising $57.6M in latest funding round

UK sportswear brand Castore has raised $57.6 million from HSBC, BNP Paribas and Silicon Valley Bank to further support its strategic growth ambitions, lengthen the maturity of its committed debt facilities and enhance its financial flexibility.

Metaverse Magna raises $3.2M to build Africa’s largest gaming community

Blockchain gaming platform, Metaverse Magna, has raised a $3.2 million seed sale token round at a $30 million fully diluted valuation to expand its efforts to build Africa’s largest gaming DAO.

Venturerock launches $75M Sports Tech venture investment company

Venturerock SportsTech has announced the launch of their $75M fund to invest in the future of sports technology, media, and culture by converging physical and digital sports experiences with the goal of transforming sport organizations into digital enterprises.

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