Drive By DraftKings VC Fund Raises $60M From Jerry Jones, Others
Sports tech and entertainment venture capital fund Drive By DraftKings has closed its initial funding round with $60 million from a who’s who of sports figures…
finance
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Sharp Alpha Advisors Closes $10 Million Sports Betting Fund
Sharp Alpha Advisors, a venture capital and advisory firm that specializes in sports betting, has closed its first $10 million fund. Led by managing partner Lloyd…
Dyal HomeCourt NBA Fund Discloses $200 Million in Assets
Private equity fund Dyal HomeCourt has $200 million in assets under management, according to a recent investor presentation, the first disclosures that specify the size…
Bucks Co-owner Jamie Dinan Forms Iconic Sports SPAC, Seeks $250 Million
Hedge funders and sports team owners Jamie Dinan and Alexander Knaster, along with Italian soccer legend Gianluca Vialli, have filed to raise $250 million in a…
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Arctos Sports Partners Fund Reaches $2.9 Billion in Assets
Sports-focused private equity firm Arctos Sports Partners has $2.9 billion in assets in its first fund and has made 14 investments, according to a person familiar with…
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Teams Lead Sports Index to Beat S&P, as Sportradar Added, Topps SPAC Out
Sports teams and leagues led the JohnWallStreet Sports Stock Index to its second straight outperformance of the S&P 500, even as a volatile market dragged both the broad…
Owners Arthur Blank, Robert Nutting Back New Sports Betting VC Fund
SeventySix Capital has formed a second venture capital fund focusing primarily on sports betting. Atlanta Falcons owner Arthur Blank, Pittsburgh Pirates owner Robert…
Genius Sports Reveals NBA Owners Ballmer, Tsai Hold Stakes in Data Firm
The National Football League owns more than 5% of Genius Sports, according to a prospectus filed with the Securities & Exchange Commission Wednesday evening. NBA owners…
Cornhole League Shooting for Olympics as John Thompson III Leads VC Round
The ubiquitous game at college tailgates and craft brewery yards is thinking big. The American Cornhole League has taken its first outside investments, as basketball…
Roger Clemens, Nolan Ryan Pitch In Cash as Athletes Fund SPAC Deals
When special purpose acquisition company Roth CH Acquisition III cobbled together a group of investors to fund a deal to bring public QualTek, a builder of cell phone…
Silver Lake, Endeavor Invest in Tempus Ex as Larry Fitzgerald Joins Board
Tempus Ex Machina, a technology start-up that uses machine learning to deliver game data for leagues, broadcasters, fantasy gamers and bettors, has closed on a Series B…
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Genius Sports Revenue Doubles As NFL Deal Boosts Outlook
Second-quarter revenue more than doubled for Genius Sports, as the return of a full slate of sports and growing market share powered sales for the sports data and…
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