LONDON | NEW YORK | LOS ANGELES | June 21st, 2022 – Drake Star is pleased to release the May 2022 edition of its Global Sports Tech Industry Update. M&A activity in May concluded with 15 deals announced and $1.6bn in disclosed deal activity
- Hudl acquired physical activity monitoring company WIMU for an undisclosed amount
- Generation Esports acquired esports company Military Gaming League for an undisclosed amount
- IMG Arena acquired sports video analytics company Signality for an undisclosed amount
Fundraising activity in May reached a total of 28 deals and $431m in disclosed funding
- Pixellot raised $161m in a Series D round led by PSG
- WIN Reality raised $49m in a Series A round led by Lago Innovation Fund; Spectrum Equity also participated in the round
- OxeFit raised a $20m angel round from 7 individual investors including Dak Prescott, Dez Bryant, and Dustin Johnson, among others
TikTok becomes Women’s Euro 2022 global sponsor.
NFL will launch officially licensed NFT-based mobile game in 2023.
EA Sports and FIFA call full-time on video game partnership after three decades.
Drake Star Global Sports Tech Team:
Gregory Bedrosian, Eric Ward, Michael Metzger, Mathilde Deschamps, Edward Page, Michael Heilweil
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