News Article

Global Sports Tech Industry Update | October 2021

Written by DrakeStar | Nov 4, 2021 8:30:00 AM

LONDON | NEW YORK | November 4, 2021 – Drake Star is pleased to release the October 2021 edition of its Global Sports Tech Industry Update. This monthly update gives a summary of the key industry news and insights that prevailed in October;

  • Key industry news including;
    • Drive by DraftKings closes a $60m SportsTech VC fund
    • Sharp Alpha Advisors close a $10m Sports Betting fund
    • Ticketing technology leader SeatGeek to go public via $1.4bn deal with Billy Beane backed SPAC
  • Insight on the more notable M&A and fundraising deals in October; TheScore, Mindbody, Playsight, Slinger, FulGaz, The Ironman Group, Green Park Sports, FitOn
  • 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 8.1% vs. September

This also includes our updated Sports Tech industry map.

 

Drake Star Partners Sports Tech Team: Gregory Bedrosian, Eric Ward, Michael Metzger

 

Inquiries

For further inquiries, please contact:

Gregory Bedrosian

CEO & Managing Partner

gregory.bedrosian@drakestar.com

Eric Ward

Partner 

eric.ward@drakestar.com

Michael Metzger

Partner 

 michael.metzger@drakestar.com