Genius Sports Earn-Out Suit Points to Rising Post-Deal VC Fights
In 2021, Genius Sports proudly announced its acquisition of Spirable, a maker of dynamic ads for social media that allow, for instance, live betting odds to be updated…
Sports Tech
Tatis-Style Income Sharing Grows in Shaky Regulatory Climate
There has been a wave of new ventures to sell stakes in athletes’ future income, presented as an innovation that allows fans to buy stock in their favorite athlete and…
AI Video Firm Spiideo Lands $20M Venture Capital Investment
Spiideo, a Swedish firm that makes AI-powered video and analytics software used by teams in the NBA, NHL and English Premier League, secured a $20 million venture…
Scarlett Johansson vs. OpenAI Foreshadows AI’s Sports Shakeup
It’s easy to imagine how superstar athletes could benefit from generative AI technology. By embracing computer model versions of themselves, they could reach more fans…
Finlete Offers ‘PG Version of OnlyFans’ as Pro Investing Grows
Rob Connolly’s first athlete-related start-up was Meetlete, a sports-star version of Cameo. Getting a star athlete on a video call for a reasonable fee was an easy sell…
Ehrenberg Seeks Reward Going Big in Early-Stage Sports VC
This story appears in Sportico’s Morning Lead newsletter. Click here to sign up and get it delivered straight to your inbox. Most people would consider Roger…
Exclusive
Commonwealth Sports Expands to Athlete Shares After Derby Jackpot
This story appears in Sportico’s Morning Lead newsletter. Click here to sign up and get it delivered straight to your inbox. Commonwealth Sports, a company that…
Greenfly Closes $14M VC Round With Dassler, NBA Investments
Digital content management platform Greenfly has raised $14 million in new venture capital funding led by ADvantage, the sports tech investing fund of the Dassler family…
Exclusive
NBA Star Kuzma Joins Scrum Ventures as Advisor for Sports
Washington Wizards small forward Kyle Kuzma is expanding his activities outside the NBA, joining venture capital fund Scrum Ventures as an advisor. Scrum, which will…
Patrick Mahomes-Advised SPAC Disruptive Folding Up Shop
Disruptive Acquisition I, a special purpose acquisition company that named Kansas City Chiefs QB Patrick Mahomes among its advisors, has decided to close up shop and…
Sportradar Shares Jump on Bullish Outlook, Buyback Plan
Sportradar shares jumped 24% in early trading on the Nasdaq Stock Market Wednesday, as better-than-expected financial results and an announced stock buyback sent the…
Betting Focused Winible Raises $6M From Inspired Capital, Ray Lewis
Winible, which offers sports betting influencers a way to monetize their picks through digital storefronts, has raised $6 million seed funding from nearly two dozen…
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