News Article

Global Sports Tech Industry Update | August 2021

Written by DrakeStar | Sep 24, 2021 2:45:09 PM

LONDON | NEW YORK  | September 24th, 2021 – Drake Star Partners is pleased to release the August 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 August;
• Key industry news including;

o Sports betting data provider Sportradar plans New York IPO
o Atlanta Falcons parent firm launches early-stage venture fund
o KB Partners raised $100m to invest in sports tech startups

• Insight on the more notable M&A and fundraising deals in August; TheScore, Golden Nugget, DraftKings, Spirable, Genius Sports, Fanatics, Whoop, Sport Alliance
• 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 1.1% vs. July

The newsletter also includes our updated Sports Tech industry map.


Drake Star Partners Sports Tech Team:
Gregory Bedrosian, Eric Ward, Michel Metzger, Mathilde Deschamps

Inquiries

For further inquiries, please contact:
Gregory Bedrosian
Managing Partner & CEO at Drake Star Partners: gregory.bedrosian@drakestar.com

Eric Ward
Partner at Drake Star Partners
eric.ward@drakestar.com