SportsTechX

✅ An expert perspective on Sports Tech and Investment Trends with Drake Star 🎙Continuing the Global Sports Tech VC Report series, the SportsTech Allstars presents: Mohit Pareek, CFA, Principal at Drake Star. ✅ Takeaways: - 2024 is seen as a transition year for the sports tech industry. - M&A activity in sports tech is at an all-time high. - Profitability is crucial for startups seeking acquisition. - Fan engagement is a key area of innovation in sports tech. - Middle market transactions are increasingly important in the sports sector. - The sports tech industry is experiencing a surge in investment and interest. - AI and analytics are transforming the sports media landscape. - DrakeStar is committed to supporting innovative sports tech companies. Tune in on the SportsTech AllStars Podcast on Spotify, YouTube and Apple Podcasts to watch the full episode: 🎧: https://lnkd.in/d5MvwMR7 🎦: https://lnkd.in/dQUYbqas #sportstech #sportsbusiness #sportstechnology #sportsinnovation

As part of ISPO Munich, the new sports summit celebrated its premiere with over 1400 participants 💥 Involving, diverse and forward-looking: this is how the new SPORT MARKE MEDIEN sports summit presented itself over two days of the congress. It was organized by the ESB Marketing Netzwerk and ISPO Munich. Well over 1,400 participants, 260 speakers and 42 specialist forums are the figures for the premiere. Representatives from brands, media and athletes came together to discuss questions about the future of sport, marketing and media: The congress became a hotspot for visionaries and movers and shakers who want to rethink the sports ecosystem together. The awards of Ralf Rangnick as German Football Ambassador and Verena Bentele with the ISPO Cup set signals for the social and societal impact of sport. ✅ Click here to read more: https://lnkd.in/dz7pWuuq

📢 ABSG Global SportsTech Webinar Series 3; Investment & Business Matching Series 2 | Register NOW - Date: Dec 19th (Thursday) - Time: 10am-11am (CET)/5pm-6pm (HKT) Who should join？ SportsTech companies: - Scale-up level: already have products/services go-to-market and are ready to expand to China/Asia/International market. - Preferably Series A+ Must already have successful business cases to showcase. Sectors in Focus: - Wellness & Sports Medicine, Media & Entertainment, Education & Training, Food & Beverage, Venues & Events & Fan Engagement, Esports & Virtual Sports & Gamification, Apparel & Accessaries & Fashion, Outdoor & Tourism, Women & Elder & Youngster, Sports Finance & Insurance. Format & Rules: - 4 finalists - 6 min presentation + 4 min Q&A - Platform: online via Zoom - English Procedure: 1. Open for application (Dec 4th) 2. Application deadline (Dec 14th) 2. Selection (Dec 15th-17th) 3. Pitching Day (Dec 19th, 5pm HKT/10am CET)   - Companies present to market partners/investors   - Q&A session 4. Post-event:   - One-on-One connections based on market partners/investors' needs and interests Please Register here: - Startups: https://lnkd.in/gBVp-qkb - Market partner/investor: https://lnkd.in/gdAdCEue

Did you know that in 2024 💰 Nearly $10 billion was the projected dealflow for Sports Technology? 🦄 There were 9 New unicorns in Sports Tech? 💪🏽 65% of all investment was focused on Solutions for Fans? We've taken a deep dive into the investment activity in the Sports Tech Ecosystem in the latest Global Sports Tech VC Report 2024! Some other important highlights: 1. $350m was the biggest round for Infinite Reality. 2. $37 billion+ in Sports M&A deals. 3. The biggest athlete names getting involved as sports tech investors and founders: Magnus Carlsen, LeBron James, Cristiano Ronaldo, Rafa Nadal, Harry Kane, list goes on. 📢 To learn more, download the Global Sports Tech VC Report for free at: https://lnkd.in/dkmUaBm5 #gstvcr24 #sportstech

🥁 One week left and it is time to present our special guest speaker... Our last speaker from the line up is a special guest, Rohn Malhotra 👏 He is a serial entrepreneur with over 16 years of experience, initially beginning his career as a management consultant at KPMG. After successfully exiting his last startup in 2017, he transitioned into the growing field of SportsTech, where he has made significant contributions. Today is he the co-founder and Managing Director of SportsTechX, that provides market intelligence for the SportsTech sector. In addition to SportsTechX, Rohn is an Investment Director at Match Ventures, a SportsTech venture capital fund. 💡 Rohn will do a follow-up on a report on Swedish SportsTech. You dont want to miss this. This is the last day, today 20th of November, to register for our next event in Stockholm at the headquarters of Swedish sports movement with RF! Register here: https://lnkd.in/dR5ftGd2

Mitch Heath Coaching for Founders and Executives in the Sports Industry! 🎙️ On another special episode of the Sports Tech Allstars Podcast, we present: Mitch Heath, Founder at Mitch Heath Coaching, Co-Founder at Teamworks and a Start-up Coach, Advisor and Investor. In this conversation, Mitch Heath shares his journey in the sports tech industry, discussing his role as a co-founder of Teamworks and his current focus on mentoring and investing in emerging sports tech startups. He emphasises the importance of identifying opportunities for efficiency and revenue generation in the sports sector, highlighting innovative companies he has worked with. Mitch also shares key learnings from his early days at Teamworks. The discussion also touches on trends in personalised health and athlete monetization. ✅ Takeaways - Mitch Heath emphasises the importance of mentorship for the next generation of tech companies. - Focus is crucial; companies should concentrate on their core strengths. - Customer success should be prioritised over aggressive marketing strategies. - The sports tech industry is ripe for innovation, especially in personalised health. - Networking is key to discovering new opportunities in sports tech. - Emerging sports and women's sports present significant growth opportunities. - Tech can help streamline athlete endorsements and monetization. - Investing in customer relationships leads to organic growth through referrals. - Understanding market timing is essential for startup success. - The sports industry is evolving, with new technologies becoming accessible to the general public. Tune in on the SportsTech AllStars Podcast on Spotify, YouTube and Apple Podcasts to watch the full episode: 🎧: https://lnkd.in/d6aiSqu9 🎦: https://lnkd.in/dbdAK-sq #sportstech #sportsbusiness #sportstechnology #sportsinnovation

Latest in the world of #SportsTech 🚀 💰 Michael Jordan became an investor in Courtside Ventures’ next $100M Fund. 💰 ŌURA announced that it received a $75 million investment from Dexcom, which brings the company’s valuation to more than $5 billion. 💰 Ladder, raised $105M in fresh financing. The round consisted of $15 million in Series B funding led by Point72 Ventures and Advantage Capital VC. 💰 FanDuel co-founders Nigel Eccles and Rob Jones launched BetHog 🥓, a new cryptocurrency casino and sports betting start-up. This was backed by $6 million in seed funding, led by 6MV. 💰 The first open and competitive fan-driven Name, Image & Likeness (NIL) platform, Fanstake, launched this week, backed by $3 million in a pre-seed round led by Susa Ventures and Will Ventures. 💰 GameSquare Holdings Inc. secured a $10 million (~£7.8m) convertible note deal with GigaMoon Media. 🤝 GameAbove Sports announced its acquisition of an ownership stake in the Brisbane Bullets Basketball Club in Australia. 🤝 Fulwell 73 Productions and The SpringHill Company. joined forces. 🤝 Michele Kang has pledged $30 million to US Soccer over the next five years, which is the largest ever made to US Soccer by a woman. 🏀 Former NBA All-Star Jayson Williams joined Oaktree Solutions to launch Oaktree Sports Ventures.

Latest in the world of #SportsTech 🚀 🤝 ESPN has collaborated with Sony’s Beyond Sports for the 1st-ever animated presentation of an NBA game, called Dunk the Halls, for the Spurs-Knicks matchup on Christmas Day. 🌐 ESPN added WSC Sports as one of its core partners in the ESPN Edge Innovation Center. ✅ The busy bee’s at ESPN are also testing an AI-generated avatar called FACTS, with the Saturday college football show SEC Nation. 💪🏽 Whoopi Goldberg launched the All Women’s Sports Network (AWSN), the first global media channel dedicated exclusively to showcasing women’s sports, in the United States on VIZIO WatchFree+ channel 1367 in the US.  🤼♂️ IBM will be Ultimate Fighting Championship's Official Global AI Partner. 🏈 Commissioner Roger Goodell announced there will be eight international NFL games next year, the most for a single season. 🎾 The International Tennis Hall of Fame (ITHF) and Digital Innovation Partner Infosys launched a digital card game called 'Famers Duel.' 🏈 The Los Angeles Rams collaborated with Genius Sports to provide their fans with augmented, data-driven in-game highlights within SoFi Stadium.

🎙️ A special episode to shout out Sport Marke Medien on 2nd and 3rd December, which is a part of the leading international sporting goods trade fair ISPO Munich. The Sports Tech Allstars presents: Hendrik Ungelenk, Teamlead for the conferences of the ESB Marketing Netzwerk. In this conversation, Rohn and Hendrik Ungelenk discuss the upcoming Sportmarker Medien event, which aims to bring together leaders in media and brand commercialization within sports. They explore the objectives of the event, the structure of the ESP Marketing Network, and the focus on tech innovation and investment trends in the sports industry. Hendrik shares insights on the event's speakers, successful use cases from the network, and future plans for growth and relevance in the sports marketing landscape. Get a 20% discount on your ticket with the promo code SMM24_SportsTechX: Takeaways: - The Sportmarker Medien event aims to create a new platform for sports business discussions. - Focus areas include brand marketing, media rights, and commercialization. - The ESP Marketing Network has over 600 partners in the DACH region. - The event will feature over 250 speakers and 60 hours of programming. - AI and data utilization are key trends in sports technology discussions. - The conference aims to gather diverse topics under one roof for better networking. Tune in on the SportsTech AllStars Podcast on Spotify, YouTube and Apple Podcasts to watch the full episode: 🎧: https://lnkd.in/dXCtkJnY 🎦: https://lnkd.in/dA7WeW_s

🔥 Latest Trends in Global Sports Tech 2024 ! The Philadelphia Phillies raised ~$500 million, valuing the MLB team at near $3 billion. While Endeavor is selling OpenBet and IMG ARENA Sports in a $450 Million deal, which “is a necessary step” for the closing of the proposed Endeavor take-private deal with Silver Lake. Those two stories are just in the last week! Sports M&A is hot hot hot 🔥 📢 Here are excerpts from our latest Global Sports Tech VC Report 2024, highlighting the main trends shaping the sports tech landscape. ✅ M&A in Sports: $37 billion+ in M&A deals in 2024 This is a major factor when we refer to strong tailwinds and macro drivers that make us optimistic about the growth of Sports Tech: it's because sports itself is growing—and in a big way. ✅ Solutions for Fans: 65% of Total Investments in 2024 41% increase compared to 2023 As we emerged from the pandemic, it became clear that during times of crisis, sports turn to their fans. Immersive experiences and ticketing have been the primary focus of this investment. Interestingly, about two-thirds has gone towards B2B solutions, shifting the responsibility back to sports teams to drive fan behaviour as they see fit. ✅ Athletes Lead: As investors and founders The list of names rolls off the tongue effortlessly: Magnus Carlsen, LeBron James, Cristiano Ronaldo, Rafa Nadal, Harry Kane. No, we're not talking about attendees at a major sports awards ceremony—we're listing athletes involved in SportsTech startups in 2024, either as investors or, in some cases, as founders themselves. We've been discussing this trend across our channels for a while, and it's not slowing down. In fact, we expect to see more of this as contracts grow larger and athletes become increasingly business-savvy. Read More in the latest Global Sports Tech VC Report 2024! DOWNLOAD NOW: https://lnkd.in/dGnh2d-u