Super Bowl champions Tom Brady and Michael Strahan raised $3 million in venture capital funding for their production company from CourtsideVC and Shari Redstone’s Advancit Capital. The former foes joined forces in February, along with filmmaker Gotham Chopra (son of Deepak Chopra) and investor Ameeth Sankaran, to formally launch Religion of Sports, a digital production startup. According […]
In a move that strengthens their digital offerings and may alter the way we buy shoes, Nike, Inc. has partnered with Invertex Ltd., a Tel Aviv-based startup with proprietary computer vision and artificial intelligence technology. “The acquisition of Invertex will deepen our bench of digital talent and further our capabilities in computer vision and artificial intelligence as we […]
In advance of the start of its 31st season tomorrow, the Arena Football League (AFL) has announced four new partnerships, nearly all of which relate to enhancing fan engagement via daily fantasy sports and sports betting. “The partnerships we’re announcing today give fans a whole new range of ways to get in on the action […]
OrderMyGear, a software company providing a platform for group apparel sales, received a $35 million investment from Susquehanna Growth Equity. CEO Kent McKeaigg founded OrderMyGear to aid his father, Ronnie, with his company selling team sports apparel and equipment in Oklahoma. The software streamlined the process, connecting all the participants of the supply chain and […]
Stadia Ventures announced four new companies to be a part of its spring sports business accelerator program. The four companies were selected from a pool of applicants from more than twenty countries. “Every 6 months, we have the challenge of deciding what sports startups we want to work with out of the hundreds that we […]