Startups Investment Recap – February 16th
In this weeks sports investment: Wisconsin Governor Tony Evers has proposed a $290 million plan to renovate the Brewers’ stadium, while sports streaming platform DAZN has acquired the sports rights of BT Sport in a deal worth £800m, expanding its sports portfolio. In other investment news, NBA assets are set to be acquired by Dyal Homecourt, and connected fitness startup Tonal has announced a $250m investment, with the aim of taking on rivals Peloton. These moves reflect the ongoing investment trend in the sports industry, with a focus on expanding portfolios and improving fan experience.