LONDON | NEW YORK | LOS ANGELES | March 21st, 2022 – Drake Star is pleased to release the February 2022 edition of its Global Sports Tech Industry Update. February’s M&A activity slowed with 11 deals announced and $273m in disclosed deal activity
- Intema Solutions acquired esports betting and marketing company Livestream for $17m
- KORE Software acquired sports analytics company Hookit for an undisclosed amount
- Clupik acquired sports management software company Esportter for an undisclosed amount
February’s fundraising activity reached a total of 28 deals and $272m in disclosed funding
- WSC Sports raised $100m in a Series D round led by Ion Asset Management
- Wave Sports + Entertainment raised $27m in a Series B round led by TZP Group
- RUN.EDGE raised $7m in a funding round led by KDDI Ventures Program, ASICS Ventures Corporation, and CIP Capital, among others
Drake Star Global Sports Tech Team:
Gregory Bedrosian, Eric Ward, Michael Metzger, Mathilde Deschamps, Edward Page, Michael Heilweil