FanUp, a hub for Gen Z and female sports fans, has announced an exclusive strategic financing round with Tru Skye Ventures and 9.58 Ventures. Tru Skye Ventures, the $100 million sports tech fund co-founded by NBA Champion Metta World Peace and former Boost Mobile CEO Stephen Stokols, teamed up with 9.58 Ventures, a high-grade set of investors and trendsetters promoting groundbreaking technological innovation across society. Traditional sports betting currently only serves less than 9% of American fans. FanUp engages a more expansive and expanding audience through a creative, free-to-play model that provides users
Scoreplay, a media management startup, raised $13 million in a series A funding round. The round included notable investors such as NBA star Giannis Antetokounmpo, soccer star Alex Morgan, and Alexis Ohanian’s Seven Seven Six VC fund. The AI-driven platform provides tools that allow teams and leagues to automate the ordering and distribution of content. This clarifies what is usually a complicated process with different types of media spread over numerous software platforms. Scoreplay helps users discover content faster by accelerating new content production and streamlining delivery to athletes, broadcasters,
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.
Mark Clayton, a former NFL player, raised $1 million in funding for his LIVV Audio brand of high-performance headphones he designed in high school. The wide receiver, who spent most of his seven-year career with the Baltimore Ravens, created the headphones for athletes and those interested in fitness. Clayton’s Idea Clayton started designing the concept for his headphones while studying business administration and management at Babson College. However, the idea for the headphones came to Clayton during his pool-based rehab sessions after recovering from a knee injury when he joined the
Players Health, founded by former athlete Tyrre Burks, has secured $60 million in Series C funding to expand its mission of ensuring safety in youth sports. Led by Bluestone Equity Partners, the funding round also included Mosaic General Partners, RPM Ventures, SiriusPoint, and TriplePoint Capital, bringing the total raised to over $100 million. A Former Athlete’s Vision for Change Tyrre Burks founded Players Health to address the challenges he experienced as an athlete playing Division II football team while attending Winona State University, then in Europe and the Canadian Football
FightCamp, the at-home boxing and kickboxing fitness company backed by Mike Tyson and Usher, has revealed its new kick tracking technology. FightCamp’s Kick Tracking Tech Known for its real-time punch tracking, the platform now allows users to measure the speed, quantity, and intensity of their kicks, adding a new dimension to full-body workouts. “When you can track your progress, whether through punches or kicks, it pushes you to set and break personal records,” said CEO Khalil Zahar, who founded FightCamp to improve his own training. “Fitness becomes a challenge you
University of South Carolina Gamecocks player Raven Johnson has secured a name, image, and likeness (NIL) deal with Black beauty tech company Parfait. Parfait, powered by AI and facial recognition technology, aims to provide custom wig products that address two major issues: AI biases in tech and the fragmented wig-buying process for millions of Black and brown women. Founded by four women, the company has developed an algorithm to change tech interactions with communities of color. Leading New Standards For Female Athletes According to Andscape, Isoken Igbinedion, co-founder and CEO
Lisa Leslie, a celebrated icon in women’s basketball, has ventured into the metaverse with LootMogul to transform sports fan engagement. The three-time Women’s National Basketball Association (WNBA) MVP and four-time Olympic gold medalist joins LootMogul as the brand ambassador and business partner. Bringing sports fans and influencers together This move marks a significant transition for Leslie from her days on the court to an innovative realm in the tech industry. LootMogul is a multiverse blockchain gaming platform where sports enthusiasts and influencers converge. The platform uses blockchain, NFTs, and the metaverse to provide
Robinhood, the renowned trading and investing platform, has partnered with Rich Paul, the founder of KLUTCH Sports Group and LeBron James’ agent. Robinhood ventures into sports and entertainment Robinhood is a stock brokerage that allows customers to buy and sell stocks, options, ETFs, and cryptocurrencies with zero commission. Announced on Thursday, this collaboration marks Robinhood’s ambitious venture into the realms of sports, entertainment, and media. The fintech firm prides itself on introducing a diverse range of first-time investors to the market, aligning with Paul’s impactful history in sports management. Meet
Tech entrepreneur Andre Swanston has become Connecticut’s first Black majority owner of a professional sports team. Meet Andre Swanston Swanston’s path to this milestone is a testament to his relentless work ethic, instilled by his father, an immigrant from St. Kitts and Nevis. Swanston ventured into the financial sector after obtaining a finance degree from La Salle University and a business degree from the University of Connecticut. He held positions at companies such as Ameriprise Financial and JPMorgan Chase & Co. However, his ambitions extended beyond the financial world. During the
