LONDON | NEW YORK | LOS ANGELES | April 29th, 2021 – Drake Star Partners is pleased to release the March 2021 edition of its Global Sports Tech Industry Update. This monthly newsletter gives a summary of the key industry news and insights that prevailed in March including:
• Key industry news including;
o Sportradar valued at $10bn in deal with Boehly led SPAC
o InStudio Ventures and leAD Sports Health Tech Partners create a $5m fund
o Banco Santander and GSIC powered by Microsoft launch FootballCan 2041
• Insight on the more notable M&A and fundraising deals in March; Spotify, Draft Kings, Eleven Sports, Sportradar, FuboTV, Dream Sports, Dapper Labs, Tonal
• The updated list of top 10 largest M&A and fundraising deals year to date,
• An update on the current trading valuation across the ecosystem; and
• Tracking esports viewership globally; hours watched up 9% vs. February
The newsletter also includes our updated Sports Tech industry map.
Drake Star Sports Tech Team:
Gregory Bedrosian, Eric Ward, Michel Metzger, James Burrow, Mathilde Deschamps
Inquiries
For further inquiries, please contact:
Gregory Bedrosian
Managing Partner & CEO | Drake Star
gregory.bedrosian@drakestar.com
Eric Ward
Partner | Drake Star
eric.ward@drakestar.com
Michael Metzger
Partner | Drake Star
michael.metzger@drakestar.com
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