#104 📢 Global Sports Tech VC Report 2024 OUT NOW

News, features & insights from the world of Sports Tech & Biz. Every Week.

November means that it's time for the 6th edition of our annual Global SportsTech VC Report. No matter how many times we do it, it is always a challenge - one that we look forward to.

Another labour of love has been delivered. Enjoy the LITE weekend reading, though there is more for the PROs if interested.

As always, have a great weekend!

GLOBAL SPORTSTECH VC REPORT 2024

There is no way to sugarcoat it, 2024 has been a tough year for investment in Sports Tech. That said, the sector has still posted some strong numbers.

Here are some key highlights from the latest Sports Tech report::

• 💰Nearly $10 billion in projected dealflow (investment + M&A) in 2024

• 🦄9 New SportsTech unicorns in 2024

• 📢65% of all investment in 2024 focused on Solutions for Fans

PLUS: 3 trends we cover in more depth

• 📈 M&A in Sports: $37 billion in M&A deals in 2024

• 📈 Breaking down the 65%: What type of fan solutions are investors backing

• 📈 Athletes Lead: As investors and now increasingly as founders

All that and a whole lot more in there so get to downloading, link below.

For those looking to go deeper, the Global VC Report PRO edition includes everything in the Lite version plus 15 additional slides containing data such as:

• ✅ Dashboards for the global Sports Tech industry

• ✅ Top 5 funded companies by Sub-Sector

• ✅ Investment overview by region: North America, Asia Pacific, Europe and Rest of World

• ✅ Most active investors in Global Sports Tech

• ✅ Investments by Deal Size

• ✅ Summary of Mergers & Acquisitions and Unicorns & IPOs 2020-2024

⚡ LIMITED TIME OFFER: The PRO edition of the Global Sports Tech VC Report 2024 also includes a 1 year FREE access to the SportsTechDB PRO.

SPORT MARKE MEDIEN brings together the world of the sports business in Munich!

The world of sports business will meet for the premiere of the new industry summit SPORT MARKE MEDIEN on 2nd and 3rd December as part of the leading international sporting goods trade fair ISPO Munich.

Join the industry's leading minds from sports organizations, brands and media as well as athletes to shape the future of sport.

Get a 20% discount on your ticket with the promo code SMM24_SportsTechX.

LIVE: Sports Tech Radar GSTVCR24

Can’t make time to read it all? Here’s how we can help: A 60 mins webinar covering the most important findings from SportsTechX's latest GLOBAL SPORTSTECH VC REPORT 2024. We’re nice like that.

Save the Date: 14th November, Thursday, 2:00 pm CET

Top News from the World of Sports Tech & Biz

📢 Cosm announced that it identified Detroit as the home of its fourth experiential entertainment venue.

🎟️ Trace, a Web3 sports marketing platform, launched ATP Tour digital collectibles on the Sui blockchain, in collaboration with ATP.

🤝 Digital Sports Tech  (DST) teamed up with Rebet to launch its bet builder product in the United States. DST’s Player Props and Bet Builder products will also be added to Rebet’s platform.

💪🏽 ORB Innovations, dedicated to empowering people to reach their wellness goals through data-driven technology, announced the launch of the ORB Sport™ Smart Mouthguard. 

⚽ FIFA and Hawk-Eye Innovations joined forces to establish the Football Technology Centre AG, a joint venture that will explore and develop emerging technologies in football with a focus on the generation of algorithms to automate the detection of on-pitch events for optimal decision-making.

🏆 The Sports & Fitness Industry Association (SFIA) announced the winner of the 2024 Annual SFIA Start-Up Challenge: MAAREE, a women’s sportswear company dedicated to supporting women.

🎮 Worlds 2024, concluded over the weekend in London after more than a month of competition in Germany, France and the UK, became the most-watched esports event in history.

⚽ Sky Sports and the BBC agreed a new five-year, shared domestic broadcast rights deal to show almost every Women’s Super League match live on television from the 2025-26 campaign.

🔥 India formally sent a ‘Letter of Intent’ to the Future Host Commission of the International Olympic Committee, expressing New Delhi’s interest in hosting the Olympic and Paralympic Games in 2036. 

✅ FREE Certification on Blockchain, Sport and Social Impact! Delivered via 4 online, short self-paced modules, learn about the role and potential of Web3 to accelerate social impact in and through sport. Complete all 4 modules before 31 January 2025 to obtain your Chiliz Certification. Sign Up Here.

Money Talks:

💰 The Players Fund, UK’s first athlete-led venture capital firm, invested an undisclosed amount in health start-up OptimallyMe. 

💰 Software platform PushPress, a one-stop solution for gym owners, raised $20 million in a Series B funding round. 

💰 IDA Sports announced a $2 million seed funding round led by Kynisca with participation from Elysian Park Ventures, Firebird Impact and Tipt Ventures. 

💰 TMRW Sports to make an undisclosed strategic investment in Fastbreak.ai, as part of a partnership which will see Fastbreak.ai manage the scheduling needs of TGL presented by SoFi and future league properties. 

🤝 ŌURA acquired Sparta Science for an undisclosed amount, to expand its enterprise capabilities.

🤝 Sportlogiq, AI-powered sports analytics provider, announced its acquisition of 8BY8, a cloud-based video infrastructure solutions for sports, for an undisclosed amount.

Latest from our channels

🔙 STX Article: The Rise of Esports- Transforming the Future of Competitive Gaming.

✅ STX Monthly: Last month’s sports tech dealflow, in case you missed it.

💪🏽 SportsTech AllStars Recap: Innovation in Broadcasting Tech