Orlando Magic Join Lead VC Fund to Increase Innovation
The Orlando Magic are extending their foray into venture capital as a source of finding new inspiration for team operations. The NBA team owned by the DeVos family is…
venture capital
Range Media Gets Verance Investment for Sports Arm
Talent representation and content production start-up Range Media has gotten a venture capital investment from Verance Capital, a sports and media specialist. The…
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MLS Team Moves Into Venture Capital as a Step to ‘Best-in-Class’
This story appears in Sportico’s Morning Lead newsletter. Click here to sign up and get it delivered straight to your inbox. There’s an aphorism FC Cincinnati…
Marc Lasry, David Blitzer Among New Investors in Sphere-Like Cosm
Cosm, a movie theater-type venue for watching sports and other entertainment, has raised $250 million in a fundraising round that includes billionaire sports investors…
Baseball-Themed Restaurant Batbox Raises $7.3M in VC Funds to Enter U.S.
Seeking to capitalize on the sports “eatertainment” trend, Mexican baseball simulator maker Batbox has raised $7.3 million in venture capital to bring its casual eats…
C15 Studio Launches Four FAST Sports Channels With VC Backing
C15 Studio, a FAST channel operator and broadcasting service, launched Wednesday with backing from multiple investments from venture capital funds with sports…
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…
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…
Sharp Alpha Advisors Closes Second Fund at Over $25M
Sharp Alpha Advisors, a venture capital and advisory firm, announced it closed a second fund at over $25 million. It’s the firm’s latest effort targeted at sports…
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…
Range Media Gets Investment From Billionaire Bonderman, Liberty
Talent representation and content production firm Range Media Partners has announced that it has received a minority investment from a group of investors including…
Brazil Sports Wagering Beckons as Big Names Ease Off U.S.
This story appears in Sportico’s Morning Lead newsletter. Click here to sign up and get it delivered straight to your inbox. The Brazilian government legalized…
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