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Global Sports tech Industry Update | March 2021

LONDON | NEW YORK | LOS ANGELES | April 29th, 2021 – Drake Star Partners is pleased to release the March 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 March including:

• Key industry news including;
  o Sportradar valued at $10bn in deal with Boehly led SPAC
  o InStudio Ventures and leAD Sports Health Tech Partners create a $5m fund
  o Banco Santander and GSIC powered by Microsoft launch FootballCan 2041
• Insight on the more notable M&A and fundraising deals in March; Spotify, Draft Kings, Eleven Sports, Sportradar, FuboTV, Dream Sports, Dapper Labs, Tonal
• 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 9% vs. February

The newsletter also includes our updated Sports Tech industry map.

Drake Star Sports Tech Team:

Gregory Bedrosian, Eric Ward, Michel Metzger, James Burrow, Mathilde Deschamps

 

Inquiries

For further inquiries, please contact:

Gregory Bedrosian 

Managing Partner & CEO | Drake Star 

gregory.bedrosian@drakestar.com

Eric Ward

Partner | Drake Star 

eric.ward@drakestar.com

Michael Metzger 

Partner | Drake Star 

michael.metzger@drakestar.com

 

Inquiries

For further inquiries, please contact:

Full
Biography
Gregory Bedrosian
Managing Partner & CEO, Member of the Executive Committee Consumer & Retail Tech Digital Media Digital Services
Full
Biography
Eric Ward
Managing Partner Consumer & Retail Tech Digital Media Software/SaaS

London

Full
Biography
Michael Metzger
Partner Digital Media FinTech

Los Angeles

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