HBCU alumni Terry Comer and Khalil Thompson have raised $2.25 million for NIL FanBox in a seed funding round led by sports tech venture capital firm KB Partners. The subscription platform delivers autographed college memorabilia to sports fans’ doors every season, sharing profits with student athletes and their schools. What’s the story behind NIL FanBox? NIL FanBox’s website states that it is 100% university-approved and endorsed by the players. “They [FanBox] make it super easy for players to engage directly with fans,” Drake Maye from the North Carolina football team said.
Former NBA star Metta Sandiford-Artest, formerly known as Metta World Peace, is launching a $100 million venture fund focused on sports technology, digital media, and wellness innovations. The fund, Tru Skye Ventures, is a partnership with ex-Boost Mobile CEO Stephen Stokols and is slated to raise the capital by the first quarter of 2025, according to Sportico. Tru Skye Ventures aims to back early-stage startups, combining capital with expertise in product development, brand partnerships, and growth marketing. Targeting Innovation in Sports and Wellness Tru Skye Ventures has already announced an
New York Giants defensive end Kayvon Thibodeaux has been named a venture partner in The Collectiv, a new $20 million venture capital fund focused on early-stage sports tech companies and emerging leagues. Strategic Investment for Life After Football Thibodeaux’s partnership with The Collectiv reflects his broader ambition to establish a strong business presence while still actively competing in the NFL, as first reported by Spotico. The fund, which aims to raise $20 million over the next six months, includes a consortium of athletes, sports executives, and industry leaders from major
