LONDON: HYPE is ready to unleash the "next unicorns of sports innovation" with the launch of a $75 million capital fund with Uli Becker, ex-president of Reebok and Bernd Wahler, former president of VfB Stuttgart who also served as Adidas CMO. As new sports technologies are entering the market, such as the "VAR" which is transforming the UEFA Champions League this season, HYPE is scouting for the next sports tech breakthrough.
sports technology fund
Jan 29, 2019 13:01
PALO ALTO, Calif.: Sapphire Ventures, a technology venture capital firm investing in growth-stage companies and early-stage venture funds with more than $2.5 billion in assets under management, has announced the launch of Sapphire Sport, an oversubscribed $115 million funds platform to drive the firm's investments in early-stage startups at the intersection of sports, media, and entertainment sectors.