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LeagueApps raises $15M to be the ‘operating system’ for youth sports organizations

TechCrunch

Youth sports are an integral part of our communities, bringing families together and helping kids all over gain confidence and skills. Today, LeagueApps , which aims to be the operating system for youth sports organizations, announced it has raised $15 million in a Series B round of funding. It’s a lot. Image Credits: LeagueApps.

Sport 246
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Niantic tries its hand at sports with NBA All-World

TechCrunch

Whether because of pandemic fatigue or frustration over the limitations of today’s AR tech, the Google-spawned startup has struggled mightily to replicate the success of GO, which became one of the fastest-growing games in history shortly after it launched in July 2016. Why’d the studio choose this sport for its next AR venture?

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OpenSponsorship lands new capital to bring brands, athletes together

TechCrunch

Ishveen Anand grew up in England playing sports all of her life, including during her time at Oxford. She wanted to do something sporty for a career and “fell in love” with sponsorship marketing. The round is led by Philadelphia 76ers owner David Blitzer, who is joined by Eric Stern and executives from WWE and Excel Sports Management.

Sport 214
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The venture bull market is great for founders, but not in the way they might expect

TechCrunch

There’s no question that we are in the middle of a long-running and accelerating venture bull market. It is more like playing an entirely different sport. There were an average of 35 “megadeals” (with over $100 million raised) per month from 2016 to 2019, according to Crunchbase. Beware of the outliers.

Marketing 239
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SAP poaches Microsoft exec as its new global head of AI

CIO

As part of Microsoft’s development team, Sun created Bing Predicts, the inference engine that provides the “favored to win” forecasts beneath search results for sporting fixtures and attempted to predict the 2016 US presidential election winner. Spoiler alert: it failed.)

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“Link-in-bio” company Linktree raises $45M Series B for its social commerce features

TechCrunch

Founded in 2016, Linktree now competes with a roster of “link in bio” services, including Shorby, Linkin.bio and the recently launched Beacons. We were first to market and, with over 12 million users globally, still hold 88% of market share,” founder and chief executive officer Alex Zaccaria told TechCrunch.

Social 265
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Tencent leads $100M Series B funding round into China-based esport provider VSPN

TechCrunch

Further confirmation that the esports market is booming amid the pandemic comes today with the news that esports “total solutions provider” VSPN (Versus Programming Network) has raised what it describes as “close to” $100 million in a Series B funding round, led by Tencent Holdings.

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