1、GLOBAL SPORTSTECH VC REPORT NOV 2024LITERohn MalhotraMANAGING DIRECTORROHNSPORTSTECHX.COMIn the world of sports,we ofen refer to a below par year as a transition year.Its a period without much stability,with steps forward followed by steps back in a silly,unpredictable dance.As my AI assistant aptly

2、 puts it,During a transition year,performance expectations may be lowered as the focus is on growth,adaptation,and development rather than immediate success.This prety perfectly captures the essence of 2024 in SportsTech dealflow.However,Q3 has injected a dose of optimism into this report,emerging a

3、s the strongest quarter and accounting for over 50%of the years total funding.Were hopeful this momentum will carry into Q4,seting the stage for a robust year-end.At SportsTechX,were riding this wave of positivity too.Weve hit some exciting content milestonessurpassing 200 podcasts and 100 newsleter

4、swhich are nice feathers in our cap.Were not just maintaining existing properties,though,were also launching new initiatives.Check out our this link for our latest offering:Sports Tech Bootcamp.An online certificate course in Sports Technology and Innovation for those looking to get up-to-speed with

5、 the latest trends and advance their careers in sports.Looking ahead,2025 promises to be a big year for both Sports Tech and SportsTechX.Were already buzzing with anticipation,given everything on the horizon.The next seven weeks or so will play a crucial role in shaping whats to come.Its time to rol

6、l up our sleeves and get cracking!Lorem ipsum2024:The Transition Year01#GSTVCR24GLOBAL SPORTSTECH VC REPORT 2024#GSTVCR24Funding ServicesInsightsContentIndustry leading content providing editorial insights and market updates to a B2B audience on all things related to sports and innovation across con

7、tent formats:text,video and audio.ConsultBespoke projects ranging from workshops on specific topics,co-published research or strategy development to establish a stronger presence within the SportsTech Ecosystem.ConnectProvide resources and network connections to help startups meet fundraising goals

8、and investors find atractive dealflow.02#GSTVCR24GLOBAL SPORTSTECH VC REPORT 2024DATABASEECOSYSTEM MAPREPORTSNEWSLETTERPODCASTEVENTSVIDEOSARTICLESBased in Berlin,SportsTechX provides content and services to Sports Tech startups,investors and the wider sports tech community.Our mission is to accelera

9、te the growth of the global Sports Tech ecosystem.We deliver in-depth analysis and insights with a focus on emerging startups,investment trends,and market dynamics.SportsTechX empowers sports business leaders to make informed decisions and drive forward-thinking strategiesSportsTechX-Market Intellig

10、ence for investors&professionalsGlobal Insights 2024*Numbers excluding undisclosed Deals/AcquisitionsData Date:Sep 30 2024*end of year projectionIcons made by Freepik,juicy_fish&berkahicon from .GLOBAL FUNDINGTOP COMPANIESTOP TRENDS$2.9b*in Global Funding$9.6b*in SportsTech Dealflow$6.7b*in Global M

11、&A$37b in Sports M&ASolutions for Fans 65%of total funding$350m biggest round for Infinite Reality9 new Unicorns,35 in total03#GSTVCR24GLOBAL SPORTSTECH VC REPORT 2024The SportsTech Framework-A systematic approach to the industryAbout the Framework We introduced the framework in 2017 in order to pro

12、vide a common understanding and structure for the SportsTech ecosystem.Since then we have constantly enhanced it,to ensure that its the best and most up-to-date tool to identify,compare and assess all things SportsTech on a global level.In this latest update,the three main sectors remain the same as

13、 before and are organised based on their target audience:The Athlete,The Fan and The Sports Executive.However we have made some updates to the next level of classification-sub sectors and sub-sub sectors-which provide additional levels of detail and a deeper understanding.Youll find a detailed expla

14、nation of the updated framework on the following page.This framework forms the core of all our intelligence,e.g.the reports and the database.Even though the framework is proven-in-practice,there will always be situations in which startups may be assigned to two or even more sub or sub-sub sectors,wh

15、ich simply cannot be avoided.We invite everyone to share their feedback as were always looking to further optimize our work.SportsTech FrameworkFor AthletesActivity&PerformanceFor Activity-HardwareWearablesEquipment&InfrastructureFor Activity-SofwareTracking&AnalyticsClasses&TutorialsBefore/Afer Act

16、ivityBooking&DiscoveryRecovery&Injury PreventionCoaching&RecruitmentFor FansFans&ContentContent PlatformsNews&ContentStreaming PlatformsFan ExperiencesFan EngagementTicketing&MerchandiseFantasy Sports&BetingFantasy SportsBetingEnablementFor ExecutivesManagement&OrganisationOrganisations&VenuesTeam&C

17、lub ManagementLeague&Event ManagementStadium&Facility Media&SponsorsMedia ProductionSponsorship04#GSTVCR24GLOBAL SPORTSTECH VC REPORT 2024sportstechx|Read the full articleJune 2024CONTENTS05#GSTVCR24GLOBAL SPORTSTECH VC REPORT 202406Global Funding01The most important investment numbers in Global Spo

18、rtsTech over the last five years.Looked at from a geographical and sector perspective.17Trends&Ecosystem03Three deep dives into innovation trends at the forefront of the SportsTech industry.Also includes expert interviews and an investor ecosystem overview.28Industry Snapshots04Dashboards for the gl

19、obal SportsTech industry and its main sectors,showcasing the most important facts&figures to provide a holistic overview.12Top Companies02A look at the top companies in SportsTech,covering most funded ones as well as M&As,IPOs and unicorns,and the investors behind the deals.FACTS&FIGURESSPORTSTECH D

20、B5 year Funding DevelopmentLeading Countries&CitiesLeading SectorsDiscover the top SportsTech startups from our comprehensive global database of 8,000+companies,complete with advanced filters and interactive analytics dashboards.Sign up at for a 7-day free trial of the PRO DB.070810CHAPTER 1All data

21、 in this report comes from06#GSTVCR24GLOBAL SPORTSTECH VC REPORT 2024M&A RoundsFunding RoundsM&A$bFunding$bAvg($m)Median($m)Ticket Size13.82.5801.4660.0298.4800.011.92.019.53.0749.6800.010.11.0573.9100.020.71.8311.470.0 *As of 30 Sep 2024 *End of year estimate Momentum builds in 2024 after quiet H10

22、7#GSTVCR24GLOBAL SPORTSTECH VC REPORT 2024Funding+Mergers&Acquisitions Activity 2020-2024Q3 50%of 2024 fundingTheres no sugar-coating it,2024 has been a challenging year for investment in SportsTech.Even with Q3s impressive surge(accounting for half of this years total funding),were barely set to ed

23、ge past 2023s numbers-which marked a nine-year low for SportsTech investment.Hardly a high bar to clear.While M&A activity provided some lif,its nowhere near last years levels.Looking deeper though,there are interesting signals-like average deal values doubling compared to 2023.Its a silver lining,b

24、ut more importantly,it shows why context maters in understanding the full picture.DATA SOURCE:SPORTSTECHX.COM/SPORTSTECHDB14.012.010.08.06.04.02.00.020204.04.07.9202112.54.82.992022508.43.2202310.92.313.120244.4*1.9*2.9*17.310.6480679488216*298*2163850367069*95*6.7*9.6*USA stays top,4 new names in 2

25、024 list08#GSTVCR24GLOBAL SPORTSTECH VC REPORT 2024UK&Germany in 2024 top 3The data shows a stark contrast between long-term(2020-2024)and current year(2024).While the USA dominates both timeframes,there are significant shifs in the rankings.The UK and Germany have risen notably in 2024,taking 2nd a

26、nd 3rd positions respectively,while previous strong performers India and China have dropped significantly-particularly China falling from 3rd to 7th place.New entrants in 2024s top 10 include Sweden,UAE,and Costa Rica.Countries by Funding 2020-2024 Countries by Funding 2024 DATA SOURCE:SPORTSTECHX.C

27、OM/SPORTSTECHDB145623711198USAIndiaChinaGermanyUKCanadaFranceIsraelBrazilSpainAmount ($m)Rank by#of StartupsCountry#/+1-1NE123456789101,279.6217.9203.550.234.423.321.820.817.511.027.3%68.8%98.2%35.6%94.5%74.1%91.7%96.2%57.1%100%USAUKGermanyIndiaJapanAustraliaChinaSwedenUAECosta RicaAmount ($m)Share

28、of top dealCountry#/+2/+2NENE-5-1NENE12345678910+/-Rank change compared to previous year+/-Rank change compared to previous year16,317.63,067.42,170.71,582.21,238.51,037.0898.8539.2366.3254.6USA dominates,D.C.tops in 202409#GSTVCR24GLOBAL SPORTSTECH VC REPORT 2024New US cities in 2024 listAs with th

29、e countries,the city-level funding data reveals significant changes between 2020-2024 and 2024 alone.Jacksonville led the 5-year period with$3.5B,followed by New York City and San Francisco.However,2024 shows a completely different landscape with Washington D.C.leading,followed by New York City main

30、taining a strong position,and Dallas emerging in third place.Notable shifs include Munich and Vienna entering the top 10,while previously strong Asian hubs(Mumbai,Hong Kong)have dropped out entirely.London remains consistently present in both timeframes,though with reduced funding in 2024.Cities by

31、Funding 2020-2024 Cities by Funding 2024 DATA SOURCE:SPORTSTECHX.COM/SPORTSTECHDB3,545.12,571.62,246.81,818.01,083.4924.2905.0824.4805.9749.0139232314636512JacksonvilleNew York CitySan FranciscoMumbaiLondonLos AngelesBangaloreHong Kong SARParisSanta MonicaAmount ($m)Rank by#of StartupsCity#/+1-1NE12

32、345678910373.7295.7282.3200.0164.566.940.240.038.633.393.6%84.6%88.6%100%91.2%31.4%56.0%100%99.8%53.6%Washington D.C.New York CityDallasMunichLondonLos AngelesAustinViennaManchesterBangaloreAmount ($m)Share of top dealCity#/+2/+2NENE-5-1NENE12345678910+/-Rank change compared to previous year+/-Rank

33、change compared to previous year15,000.020,000.010,000.05,000.01400.0800.01000.01200.0600.0400.0200.00.010,262.3470.5For Athletes:Activity&PerformanceFor Activity-HardwareFor Activity-SofwareBefore/Afer ActivityFor Fans:Fans&ContentContent PlatformsFan ExperiencesFor Executives:Management&Organisati

34、onOrganisations&VenuesMedia&SponsorsFantasy Sports&Beting4,184.73,105.92,971.6245.8108.0116.71,263.1216.3111.7935.1216.5155.361.22020-202420243,371.82,064.41,307.32,503.3 8,617.44,230.035.4%11.6%24.1%64.8%11.1%Fan focus tops 2024,65%of total investment10#GSTVCR24GLOBAL SPORTSTECH VC REPORT 2024Athle

35、te focus down to 24%The Fans&Content sector has been overwhelmingly dominant over the 2020-2024 period,accounting for over 52%of funding.In both timeframes,Activity&Performance ranks second,with Management&Organization consistently holding the smallest share.2024s numbers tell a slightly different s

36、tory.While the Soltuions for Executives sector stays at the same level,there is a big switch between the other two.Solutions for Athletes is down to 24%while Solutions for Fans jumps up to nearly 65%.This suggests that while the industry is experiencing lower investment levels,investor priorities ac

37、ross sectors have significantly shifed.Funding per sub-sector 2020-2024/Funding per sub-sector 2024 DATA SOURCE:SPORTSTECHX.COM/SPORTSTECHDB15,350.852.9%Top 5 funded companies by sub-sectorCompany details and funding amount for the top 5 funded companies by each sub-sector for 2020-241Investment ove

38、rview by region:North America 5 year funding breakdown,Top 5 Most Funded Countries,Top 5 Most Funded Companies,Funding per Sector&B2B vs.B2C Funding for 2020-24 in North America2Investment overview by region:Asia Pacific5 year funding breakdown,Top 5 Most Funded Countries,Top 5 Most Funded Companies

39、,Funding per Sector&B2B vs.B2C Funding for 2020-24 in Asia Pacific3Investment overview by region:Europe5 year funding breakdown,Top 5 Most Funded Countries,Top 5 Most Funded Companies,Funding per Sector&B2B vs.B2C Funding for 2020-24 in Europe4Investment overview by region:Rest of World5 year fundin

40、g breakdown,Top 5 Most Funded Countries,Top 5 Most Funded Companies,Funding per Sector&B2B vs.B2C Funding for 2020-24 in Rest of World5AVAILABLE HEREGet the Pro Version of the report-More data,deeper insights11#GSTVCR24TOP COMPANIESMost Funded CompaniesM&AsUnicorns and IPOs13141512#GSTVCR24GLOBAL SP

41、ORTSTECH VC REPORT 2024CHAPTER 2Subscribe to the SportsTechX Weekly NewsletterThe most convenient way to know what is happening in the global SportsTech Listen to the SportsTech AllStars Podcast Conversations with startups,investors and leading initiatives from the world of Sports&TechAvailable on a

42、ll popular podcast platformsIf you havent already,you can.Top Companies by Funding in Global SportsTech All-TimeNot much change to the all-time funding list,dominated by Fan-focused companies,particularly in sports commerce(Fanatics,Sorare,Animoca)and fantasy sports(Dream11,DrafKings).Gaming(DouyuTV

43、,Huya)and FitnessTech(Peloton,Keep,Curefit)round it out.For AthletesFor FansFor ExecutivesTop Companies by Funding in Global SportsTech 2024The 2024 list reveals a strong focus on immersive fan experiences,fitness tech,and niche sports services.Big rounds for Infinite Reality,Cosm,and EGYM underscor

44、es the shif towards high quality,digitally enabled consumer experiences.For AthletesFor FansFor ExecutivesFanaticsSports ecommerce,beting&digital collectiblesJacksonville$5,240.0m1Infinite RealityTools and services to develop immersive experiencesWashington D.C$350.0m1GymdeskGym management sofwareSh

45、ibuya$38.4m8Classic Football ShirtsPlatform to buy and sell football jerseys and other merchandiseManchester$50.0m7Winners AllianceDecentralized gaming and sports media company Vienna$40.0m6Golf GeniusA cloud-based golf sofware for events,leagues,and tripsWashington D.C.$37.9m9Homerun DugoutIndoor b

46、aseball simulator and bating cageAustin$30.0m10Minute MediaSolutions for sports teams,brands and publishersLondon$150.0m5Animoca BrandsBlockchain based fan engagement solutionsHong Kong SAR$822.5m6SorareBlockchain based fantasy sports platformParis$739.0m5Dream 11Fantasy sports platformMumbai$1,625.

47、0m2CureFitOnline&offline fitness,nutrition,and mental well-beingBangalore$624.6m8KeepAn online fitness communityBeing$652.3m8DraftKingsOnline daily and weekly fantasy sports contests for cash prizes Boston$719.5m8PelotonSmart fitness equipment with community$994.7m4New York CityDouyu TVEsports strea

48、ming platformWuhan$1,128.0m3HuyaEsports streaming platform5Guangzhou$863.6meGymSmart equipment&sofware for fitness facilitiesMunich$225.0m4CosmImmersive media tech solutionsDallas$250.0m3TickPickTicketing platformNew York City$250.0m2Fan Experiences and FitnessTech,top investment13#GSTVCR24GLOBAL SP

49、ORTSTECH VC REPORT 2024DATA SOURCE:SPORTSTECHX.COM/SPORTSTECHDB12345678910Fluter EntertainmentDrafKingsTheInfiniterealityCharterhouse Capital PartnersMinute MediaBruin Sports CapitalInfinite AthleteRedwood TechnologiesJohnson Health TechNODWIN GamingTop 10 Acquisitions 2024 by value in Global Sports

50、TechNotable Acquisitions 2024 in Global SportsTech2,600.0750.0250.0250.0150.0120.075.065.037.532.7SnaitechJackpocketDrone Racing LeagueTwo CirclesSTN VideoPlayGreen BV(SGL+ALVA Technology)Ethereal EngineLocoBowflexFreaks 4U12345678910Zone7StatsbombStakesSimpleBetSatisfi Labs(Merger)MapMyFitnessKolle

51、ktiveKairos TechFactorealOn LocationSVEXAHudlInfinite RealityDraf KingsBroadw(Merger)OutsideSVEXATeamworksSatisfi Labs TKOStrong M&A activity in 2024,but much less than 202314#GSTVCR24GLOBAL SPORTSTECH VC REPORT 2024DATA SOURCE:SPORTSTECHX.COM/SPORTSTECHDBConsolidation taking place across sectorsFlu

52、ter Entertainment secured the years largest deal,but TKO emerged as the most active player,investing$3.25 billion across three acquisitions.Two Circles also maintained a strong presence in the 2024 acquisition landscape with multiple deals,while Teamworks continued its growth-by-acquisition strategy

53、.Svexa kept busy as well,executing two deals in 2024.Among other notable players,U.S.-based Satisfi Labs acquired Bangalore-based Factoreal while simultaneously merging with another U.S.company,Broadw,to strengthen its focus on fan data.Acquired Company#AcquirerAcquired Company#AcquirerDeal Value$mI

54、POAcquiredNeithertheScoreToronto$2.0bFanaticsJacksonville$31.0bDapper LabsVancouver$7.6bWhoopBoston$3.6bDraftKingsBoston$19.9bGympassSao Paulo$2.4bSportradar AGSt.Gallen$3.4bCult.fitBangalore$1.5bHupuShanghai$1.2bFitureChengdu$1.0bHero Esports(VSPO)Shanghai$1.1bDream 11Mumbai$8.0bGames 24x7Mumbai$2.

55、5bMobile Premier LeagueBangalore$2.3biQiyi SportsBeing$2.6bPure GymLondon$2.0bGenius SportsLondon$1.7bMinute MediaLondon$1.0bClassPassNew York City$1.0bFanDuelNew York City$11.3bZwiftLong Beach$1.0bAutoGraphLos Angeles$3.7bMindbodySan Luis Obispo$3.0bStravaSan Francisco$1.5bVagaroSan Francisco$1.0bF

56、itbitSan Francisco$2.1bDiscordSan Francisco$15.0bPelotonNew York City$1.9bTickPickNew York City$1.0bSeatgeekNew York City$1.0bAnimoca BrandsHong Kong$5.9biFitLogan$3.0bForteSan Francisco$1.0bSorareParis$4.3beGymMunich$2.1bOURAOulu$2.6bTotal number goes up to 35We reported 32 unicorns in 2023.Six of

57、those have since dropped out,while nine(9!)new names have been added.That neat math equation brings us to 35 unicorns in SportsTech.Solid number that.Its worth noting that we reported 38 in 2022,so the industry isnt at its peak.However,in what has been a rather dour year for SportsTech from a dealfl

58、ow perspective,its great to see this number grow.Its a clear sign that once investors find a solid foundation,theyre eager to keep building.Unicorns in Global SportsTech 9 new SportsTech unicorns in 202415#GSTVCR24GLOBAL SPORTSTECH VC REPORT 2024DATA SOURCE:SPORTSTECHX.COM/SPORTSTECHDBMost active in

59、vestors in Global SportsTechMost active seed($1m)and early stage($1m+)investors in Global SportsTech 2020-24 with deals completed in last 12 months and last 5 years1Investments by Deal SizeCount and Volume invested split by deal value:$1m,$1-10m,$10-25m,$25-50m,$50-100m,$100m+,Undisclosed2Summary of

60、 Mergers&Acquisitions 2020-20245 year Acquisitions breakdown,Top 5 Acquiring Countries,Top 5 Disclosed Acquisitions,Acquisitions by Sector&B2B vs.B2C Acquisitions for 2020-243Summary of Unicorns&IPOs 2020-20245 year breakdown of new Unicorns per year,Countries by number of Unicorns,Top 5 Valued Non-

61、Unicorn SportsTech Companies,Unicorns by Sector&B2B vs.B2C Unicorns for 2020-244PRICE:999AVAILABLE HEREGet the Pro Version of the report-More data,deeper insights16#GSTVCR24GLOBAL SPORTSTECH VC REPORT 2024TRENDS&STARTUP FEATURESM&A in Sports:$37 billion+in M&A deals in 2024Solutions for Fans:65%of t

62、otal investment in 2024Athletes Lead:As investors and founders181920Indian Sports Business&Tech ReportDeep dive into one of the fastest growing sports markets&the second biggest Sports Tech market in the world.In partnership withComing later this November.17#GSTVCR24GLOBAL SPORTSTECH VC REPORT 2024C

63、HAPTER 3*to be confirmedM&A in Sports:$37 billion+in M&A deals in 2024DATA SOURCE:SPORTSTECHX.COM/SPORTSTECHDB18#GSTVCR24GLOBAL SPORTSTECH VC REPORT 2024Number surpasses 2023 figuresThis is a major factor we discuss when referring to strong tailwinds and macro drivers that make us optimistic about S

64、ports Techs growth:its because sports itself is growingand in a big way.The industry is atracting larger deal sizes and driving mega M&A deals.These are good days for transaction services providers.Last years top 10 deals totaled a litle over$20 billion;this year,that figure jumps to nearly$37 billi

65、on.Thats a massive leap.Deals spanning sports teams,media agencies,broadcasters,and other varieties demonstrate the breadth of this appetite.13.07.64.84.53.31.71.10.40.3Deal Value($b)USAUSAUSASpainMultipleUSAUSAItalyUKAcquiree CountryEndeavorDIRECTVVarsity BrandsDorna SportsOn Location,Professional

66、Baltimore OriolesHibbet SportsInter MilanTwo CirclesSilver LakeTPGKohlberg Kravis RobertsLiberty MediaTKOThe Carlyle GroupJD SportsOaktree Capital ManagementCharterhouse Capital PartnersAcquiree Name AcquirerUSAUSAUSAUSAUSAUSAUKUSAUKAcquiree CountryBull Riders,IMG350.0250.0250.015.08.2Washington D.C

67、.New York CityDallasNew York CitySanta Clara12345Infinite RealityTickpickCosm15 Seconds of FameQuintarAmount ($m)CityCompanyTop 5 Funded companies 2024Solutions for Fans:65%of Total Investments in 2024DATA SOURCE:SPORTSTECHX.COM/SPORTSTECHDB19#GSTVCR24GLOBAL SPORTSTECH VC REPORT 202441%increase comp

68、ared to 2023As we emerged from the pandemic,it became clear that during times of crisis,sports turn to their fans.Solutions that drive fan engagement,improve experiences,and monetize fans more effectively have atracted significant investor interestalbeit at lower levels than in previous years.Immers

69、ive experiences and ticketing have been the primary focus of this investment.Interestingly,about two-thirds has gone towards B2B solutions,shifing the responsibility back to sports teams to drive fan behavior as they see fit.%Change20232024SectorSector Breakup 2024Activity&PerformanceFans&ContentMan

70、agement&Organisation1.10.90.50.51.30.2-59.7%40.6%-53.6%Funding Per Sub Sub Sector 20-24VC Report Business ModelB2CB2BWearables67.9%33.9%67.9%32.1%Ticketing&MerchandiseFan EngagementAthletes Lead:As investors and foundersDATA SOURCE:SPORTSTECHX.COM/SPORTSTECHDB20#GSTVCR24GLOBAL SPORTSTECH VC REPORT 2

71、024Increase in dealflow and startupsThe list of names rolls off the tongue effortlessly:Magnus Carlsen,LeBron James,Cristiano Ronaldo,Rafa Nadal,Harry Kane.No,were not talking about atendees at a major sports awards ceremonywere listing athletes involved in SportsTech startups in 2024,either as inve

72、stors or,in some cases,as founders themselves.Weve been discussing this trend across our channels for a while,and its not slowing down.In fact,we expect to see more of this as contracts grow larger and athletes become increasingly business-savvy.Athlete InvestorAthlete FounderAthlete InvestorInveste

73、d inCompany CountryAthlete InvestorFoundedCompany CountryCristiano RonaldoDrew BreesHarry KaneLeBron JamesMagnus CarlsenRafael NadalScotie Scheffler,Tom KimAndre IguodalaTrybe Ventures(Alex Morgan)Taylor FritzWhoop,UFL Soccer GamingSports Illustrated TicketsTOCA FootballStatusProTOCA Football,SportA

74、IPlaytomicGolfForeverMosaic General PartnershipSplash Sports,Classic Football ShirtsEight SleepMagnus CarlsenPatrice EvraShaun WhiteLando NorrisDavid BeckhamTiger WoodsGiannis AntetokounmpoBryson DeChambeauAlex MorganEarvin Magic JohnsonTake Take TakePlayerSNBAHNQuadrantGuild EsportsSun Day RedImpro

75、bable MediaSportsbox AI3-v-3 Womens Hoops LeagueWashington SpiritFeature partner:Sports For All21#GSTVCR24GLOBAL SPORTSTECH VC REPORT 2024The Problem We Solve:Today in India,only 1 in 62 youth sports enthusiasts participate in sports showing the massive headroom for participative sports as a sector.

76、While the US has the NCAA and the school sports systems,there is an urgent opportunity to build a platform in India for youth and participative sports.At Sports For All,we see this as a unique opportunity to build a culture of sport and sporting excellence by providing access and opportunities for i

77、ts youth.Our solutions address the scale needed in the India market.Be it our proprietary athlete assessment platform or globally relevant Games Management System(GMS),currently powering Indias state,youth and national Games.Key Achievements:Over the last nine years,we have already created Indias la

78、rgest tech-enabled youth and participative sports platform including the SFA School Championships,engaging 450,000+athletes and 5000+coaches across 7000+schools.These benchmarks in youth sports whether it is achieving a scale of participation of 150,000 athletes(equivalent to 15 Summer Olympics)acro

79、ss 10 cities every year or being able to support the Indian sports ministry in its athlete assessment requirements of over 200,000 students are some of the things were most proud about.For the first time,we have been broadcasting over 100,000 matches live in our city Championships this year.What to

80、expect in the next 12-18 months:We will be building on Indias largest school and college IPs the SFA Championships.We will also build a super league for schools.And we will be building Indias largest sporting talent scouting platform.Were also building technology that will allow us deeper analytics

81、and athlete assessments and help track and manage their performance and development.Additionally,our platform will also be the home to all key youth and participative sports content in the country.We have an eventual aim of touching the lives of over 2 million athletes by 2028.The way were going to

82、get there is by widening our footprint in youth and participative sports in India as well as overseas.What are you currently looking for:We are currently in a fund raise,looking to connect with partners who can support us with growth capital to continue to deliver on Indias undeniable rise as a spor

83、ting nation.We are also looking to partner with both strategic and financial partners,including sporting leagues,franchises and sports tech companies looking to expand their footprint in the worlds fastest growing economy.We believe our partners will benefit immensely from the coming wave of youth a

84、nd participative sports in India that we are at the crest of.MUMBAI,INDIASFAPLAY.COMRishikesh Joshi,Vishwas ChoksiFOUNDERSSTARTUP PARTNERFeatured StartupsSTARTUP PARTNER22#GSTVCR24GLOBAL SPORTSTECH VC REPORT 2024The Problem SolvedOver the last 5-10 years there has been an increasing understanding th

85、at physical health,wellness and life longevity is as much about muscle strength as it is about cardiovascular exertion.However,where the majority of adults carry out cardio exercise,less than 25%of adults regularly strength train.Why?Because there is limited accountability and limitations in trackin

86、g improvements,leading to minimal encouragement,motivation and activation to improve health through strength.Remakers state-of-the-art technology unlocks real-time insights,evidencing the impact of every session so everyone can track progress,stay motivated and recognise the unrivaled benefits of st

87、rength training.Key AchievementsRemaker has been adopted by the elite performance community worldwide.Across professional sports teams and individuals(ranging from Olympic and Paralympic squads,Formula 1 motorsport,international rugby and cricket teams,Premiership football clubs,NBA teams and NFL ac

88、ademies),Remaker has seen dramatic uptake given the portability,versatility and ease-of-use of the technology.Next 12-18 MonthsRemaker is continuously pushing the boundaries in technological advancements to improve muscle health for everyone.From evolutions in Remakers AI,championing individual acco

89、mplishment as well as collective community positive reinforcement,Remakers roadmap to enable strength for everyone is extensive.The Problem SolvedRezztek develops sports products that enhance players perfomance and offer individual customization.Rezzteks first product is an NHL approved and used alt

90、ernative to hockey tape,that is patented,and sold in more than 23 countries.Rezzteks second product is a collaboration with HEAD to bring more spin to padel players worldwide with the revolutionary Pro Spin Strips product that helps padel players generate more spin on their shots.Key AchievementsRez

91、zteks products are now sold in 70+countries around the world and are used in the NHL,Olympic games and World Championships.Rezztek is listed with key hockey retailers in North America(Pure Hockey,Pro Hockey Life,Sportchek,Dicks Sporting Goods)and also available through R and on Amazon.Rezztek is als

92、o an oficially licensed NHL product,allowing it to be customized with NHL team logos and customers also have the option to add their own team logo or player number directly onto the product thanks to our customization engine.Next 12-18 MonthsWe are currently developing 2 new products in hockey,with

93、the plan to bring them to market in 2025.Internally,we are researching products for Pickleball and Golf.All Rezztek products must deliver a performance benefit to the athlete using them,and also offer a customization option to stand out on the ice,court or field.Max StevensonCO-FOUNDER LONDON,UNITED

94、 KINGDOM REMAKER.CO.UKCEO&FOUNDER FLORIDA,UNITED STATES REZZTEK.COMAndrej DulaFeatured StartupsSTARTUP PARTNER23#GSTVCR24GLOBAL SPORTSTECH VC REPORT 2024The Problem SolvedSportAI solves the issue of limited access to high quality sports technique analysis,which is ofen reserved for professionals wit

95、h expensive technical coaches.Using AI,computer vision,and biometric technology,SportAI provides real-time,data-driven analysis of players techniques across various sports.By analysing video footage from mobile phones,court mounted cameras or broadcast feeds,SportAI can deliver instant feedback,maki

96、ng elite-level analysis accessible and affordable to athletes at all levels.Key AchievementsSportAI has successfully developed a hardware agnostic SaaS platform that provides real-time AI driven performance analysis across multiple sports.The companys technology can analyze tennis or padel swings,co

97、mpare them to thousands of other players including top professionals,and provide instant and objective technique feedback and improvement suggestions.By automating this process,SportAI aims to democratise access to expert-level insights and analysis,reaching millions of athletes globally through par

98、tnerships with sports academies,organisations,broadcasters,and equipment brands.Next 12-18 MonthsSportAI plans to keep developing its pioneering technology.Starting with racket sports,goals are A)To expand to many more sports,while enhancing its real-time analysis capabilities.B)Grow partnerships wi

99、th major sports organizations and equipment brands,making advanced technique analysis more widely available.C)Integrate further with coaching programs,broadcasters and equipment brands,offering scalable AI solutions that benefit professionals and recreational players.Lauren PedersenCO-FOUNDER&CEO OS

100、LO,NORWAY SPORTAI.COMCHIEF EXECUTIVE OFFICER VIRGINIA,UNITED STATES ZOOMPH.COMThe Problem SolvedZoomph is a sports and entertainment partnership measurement platform that helps brands understand the value of their sponsorship exposure across media,leagues,and teams.Serving over 160 clients,Zoomphs p

101、latform analyzes millions of video frames,hundreds of billions of social connections,and thousands of brand logos and assetsall in real time.By integrating social media,broadcast,and sponsorship data,Zoomph enables clients to make impactful,data-driven decisions that maximize their content and partn

102、ership value.Key AchievementsZoomphs platform has become indispensable for top brands,sports leagues,and organizations like Arctos,Oak View Group,Dude Wipes,Washington Commanders,LPGA,NASCAR,and more.Recently,Zoomph took investment from Comcast SportsTech and launched a broadcast analytics solution

103、using ACR technology for rapid,precise insights paired with set-top box data.Integrated by significant media and streaming platforms,Zoomph empowers clients with a portfolio lens and enhances holistic performance and audience engagement,solidifying its role in driving high-impact strategies across T

104、elevision and social media.Next 12-18 MonthsZoomph will expand its global footprint by adding new media partners and OEMs,and continues to onboard over 20 major clients each quarter.As the platform continues to scale across the industry,Zoomph will advance its AI and analytics capabilities,refining

105、its broadcast and social media solutions to meet evolving digital demands and deliver unmatched value to clients worldwide.Amir ZonoziGlobal SportsTech Investor Ecosystem 202424#GSTVCR24GLOBAL SPORTSTECH VC REPORT 2024Oregon Sports AngelsPORTLANDPhoenix Sports PartnerCHICAGOOld Tom VentureDENVERPhoe

106、nix capital venturesATLANTAPlaymaker CapitalTORONTOPlay Time HoldCoSAN FRANCISCONext VenturesAUSTINNova Prime FundSANTA CLARANext Play CapitalREDWOOD CITYNorth Castle PartnersGREENWICHBackswing VenturesORLANDOBluestone EquityNEW YORK CITYAvenue Capital GroupNEW YORK CITYBeyond the Game NetworkATLANT

107、ABryant StibelLOS ANGELESBruin Sports CapitalWHITE PLAINSAckerley Sports GroupSEATTLEAthlete VenturesATLANTAAcies InvestmentsMANHATTAN BEACHArctospartnersDALLASCauseway Media PartnersSAN FRANCISCOChampion Venture PartnerFARGOCartan CapitalTORONTOCerro CapitalNEW YORK CITYCourtside VenturesNEW YORK C

108、ITYCollegiate Athletic SolutionsNEW YORK CITYCalvert Drive VenturesCUPERTINOCardinal Sports CapitalXBulldog Venture FundRUSTONCapital ProfluencePITTSBURGHFitlabNEWPORT BEACHGame Above SportsFORT MYERSEP Golf VenturesLOS ANGELESFitt InsiderPITTSBURGHHawks VenturesATLANTAGoogle VenturesSAN FRANCISCODR

109、IVE by DraftkingsBOSTONElysian Park VenturesLOS ANGELESDicks Sporting Goods Sports FundCORAOPOLISDyansty EquityNEW YORK CITYKB PartnersHIGHLAND PARKLalotte VenturesMONTREALJDS SportsNEW YORK CITYKonvoy VenturesDENVERLiquid 2 VenturesSAN FRANCISCOLangLeven GroupMONTREALInstudio VenturesLOS ANGELESJAZ

110、Z Venture PartnersSAN FRANCISCOHbseNEW YORK CITYISOSWESTPORTMindspring CapitalNEWPORT BEACHMosaic General PartnershipSAN FRANCISCOMark Cuban CompaniesDALLASMonarch Collective fundLOS ANGELESNext 3NEW YORK CITYMSP CapitalNEW YORK CITYLRMR VenturesAKRONMaple Leaf Sport&EntertainmentTORONTOLivWell Vent

111、uresAUSTINLudis CapitalLOS ANGELESInvestors:North AmericaVarcis CapitalHONG KONGRemagine VenturesTEL-AVIVUnived FundMUMBAIRainmatterBANGALORESwing CapitalDUBAIInvestors:North AmericaInvestors:AsiaSharp Alpha AdvisorsNEW YORK CITYStadia VenturesST LOUISSGIFLAS VEGASSixers Innovation GroupPHILADELPHIA

112、The Players ImpactBOSTONThe CollectivHOUSTONScrum VenturesSAN FRANCISCOSeventySix CapitalCONSHOHOCKENSC30BAY AREASerena VenturesSAN FRANCISCOWhiteRockNEW YORK CITYWISE VenturesNEW YORK CITYVersus VenturesPHILADELPHIAWill VenturesBOSTONTitletown TechGREEN BAYVelocity Capital ManagementPALO ALTOThirty

113、 5 VenturesNEW YORK CITYTXV PartnersAUSTINDream Sports InvestmentsMUMBAIION Crossover PartnersHERZLIYADopamine Sports VenturesDOHAFitness VenturesHONG KONGSINGAPORELumikai VenturesPlay VenturesNEW DELHIAsics VenturesKOBEDa One Global VenturesABU DUBAIADvantage SportsTech FundJERUSALEMCentre Court Ca

114、pitalMUMBAIGlobal SportsTech Investor Ecosystem 202425#GSTVCR24GLOBAL SPORTSTECH VC REPORT 2024Rabil VenturesSAN FRANCISCORed Bird Capital PartnersNEW YORK CITYPlus CapitalLOS ANGELESRaine GroupNEW YORK CITYRSE VenturesNEW YORK CITYRyan Sports VentureCHICAGORelay VenturesTORONTORX3 Growth PartnersNE

115、WPORT BEACHSapphire Sport VenturesPALO ALTOSapphire SportPALO ALTOInvestors:EuropeInvestors:OceaniaIxia CapitalLONDONMatch VenturesLUXEMBOURG CITYInspiring Sport CapitalPARISKosmos HoldingBARCELONAMercury 13LONDONMercuriLONDONGuinness VenturesLONDONIndigo SportstechLIMASSOLGaint Venture CapitalMALAG

116、AHiro CapitalLONDONSport RepublicLONDONSparring Sport GroupPARISSeventurePARISSkin in the gameLONDONRuta VCKYIVShoraiVALENCIAPlayers FundLONDONPulsar VCLISBONNorthzoneLONDONPlayers TechHAMBURGXarxa CapitalBARCELONAVe2 VenturesAMSTERDAMVenturerockAMSTERDAMTrust Esport VenturesBORDEAUXVe2FundAMSTERDAM

117、SRG CapitalBARCELONATheFactory Sportstech FundOSLOSports Investment PartnersLONDONTekkorp Capital PartnersLONDONXV CapitalSYDNEYmmutableSYDNEYXT VenturesSYDNEYAthletic VenturesSYDNEYWildcard VenturesMELBOURNEGlobal SportsTech Investor Ecosystem 202426#GSTVCR24GLOBAL SPORTSTECH VC REPORT 2024Alima Sp

118、ort VCAMSTERDAMApex CapitalCASCAIS24HayMarketLONDONAlumni VenturesMANCHESTERAthletico VenturesLONDONBITKRAFT Esport VenturesBERLINAser VenturesLONDONB4 SportsBERLINDecathlon PulseLILLECrowdsportBARCELONAInvestors:South AmericaGo4itRIO DE JANEIROBossanovaSAO PAULOSports angelsSAO PAULOSub Sector Snap

119、shot:For Activity Hardware Funding Amounts&Number of Rounds,Top 5 Most Funded Countries,Top 5 Most Funded Companies,Funding Per sub-sub-sector,B2B vs.B2C Funding for 2020-20241Sub Sector Snapshot:For Activity SoftwareFunding Amounts&Number of Rounds,Top 5 Most Funded Countries,Top 5 Most Funded Comp

120、anies,Funding Per sub-sub-sector,B2B vs.B2C Funding for 2020-20242Sub Sector Snapshot:Before/After ActivityFunding Amounts&Number of Rounds,Top 5 Most Funded Countries,Top 5 Most Funded Companies,Funding Per sub-sub-sector,B2B vs.B2C Funding for 2020-20243Sub Sector Snapshot:Content PlatformsFunding

121、 Amounts&Number of Rounds,Top 5 Most Funded Countries,Top 5 Most Funded Companies,Funding Per sub-sub-sector,B2B vs.B2C Funding for 2020-20244Sub Sector Snapshot:Fan ExperiencesFunding Amounts&Number of Rounds,Top 5 Most Funded Countries,Top 5 Most Funded Companies,Funding Per sub-sub-sector,B2B vs.

122、B2C Funding for 2020-20245Sub Sector Snapshot:Fantasy Sports&BettingFunding Amounts&Number of Rounds,Top 5 Most Funded Countries,Top 5 Most Funded Companies,Funding Per sub-sub-sector,B2B vs.B2C Funding for 2020-20246Sub Sector Snapshot:Organisations&VenuesFunding Amounts&Number of Rounds,Top 5 Most

123、 Funded Countries,Top 5 Most Funded Companies,Funding Per sub-sub-sector,B2B vs.B2C Funding for 2020-20247Sub Sector Snapshot:Media&SponsorsFunding Amounts&Number of Rounds,Top 5 Most Funded Countries,Top 5 Most Funded Companies,Funding Per sub-sub-sector,B2B vs.B2C Funding for 2020-20248PRICE:999AV

124、AILABLE HEREGet the Pro Version of the report-More data,deeper insights27#GSTVCR24GLOBAL SPORTSTECH VC REPORT 2024INDUSTRY SNAPSHOTSSportsTech Overview2928#GSTVCR24GLOBAL SPORTSTECH VC REPORT 2024Scan the Global Sportstech MapExplore the global SportsTech landscape with our interactive map.which inc

125、ludes Investors,Accelerators&Innovation I out our latest ArticlesDive into the insights and trends shaping the world of sports business and technology in our latest you havent already,you can.CHAPTER 4Amount in$mFunding RoundsFunding Amounts&Number of RoundsFunding Per SectorB2B vs.B2C Funding3,900.

126、812,482.312,456.22,227.41,934.3*2,669.3*14000.012000.010000.08000.06000.04000.02000.00.0499681488215298*216*Fans&ContentManagement&OrganisationActivity&PerformanceB2CTop 5 Most Funded Countries16,317.63,067.42,171.01,582.21,238.512345USAIndiaChinaGermanyUKTop 5 Funded Companies3,545.01,465.0797.1738

127、.4568.4JacksonvilleMumbaiHong Kong SARParisVancouver12345FanaticsDream 11Animoca BrandsSorareDapper Labs19.1%80.9%52.9%35.4%11.7%10131384359184B2BSnapshot:Global SportsTech 2020-202429#GSTVCR24GLOBAL SPORTSTECH VC REPORT 2024DATA SOURCE:SPORTSTECHX.COM/SPORTSTECHDBData Date:30 Sep 2024Total amount:$

128、28.9b*/$30.0b 20202021202220232024Country#Amount($m)Country#Amount($m)City*As of Sep 30 2024 *End of year estimate Funding RoundsTHATS A WRAPThe data from this report was obtained by reviewing over 6,000 startups and nearly 5,000 funding deals in Global SportsTech.Here are some key things to know ab

129、out how this analysis was approached.While we always want to be as inclusive as possible,we have applied certain criteria to ensure that all data is representative of current trends.All companies founded before the year 2000 have been excluded unless otherwise stated,such as Fanatics.Only deals anno

130、unced during the period of Jan 1,2020-Sept 30,2024 were considered,(excluding some deals announced in October 2023,such as$100m raised by Toca Football).Deals completed in that period for companies that are not currently active have also been included.As far as possible,we have sourced public domain

131、 information for all the deals that we report on.This includes funding announcements made on a variety of media channels.As in every year,we expect some amount of reporting lag as not all deals from last year would have been announced.As a result,we have added 25%to the total funding value reported

132、for 2023 and 15%to the total M&A value reported.All deals are reported in USD.For deals not in USD,the average conversion rate for the deal currency to USD in the deal year was utilised.One last thing:As always,our team spends countless hours pouring over interviews and data around startups and fund

133、ing rounds,but the nature of the beast that we try to tackle is that some will inadvertently get missed,especially from the last year.Nonetheless,we are confident that the information we present paints a pre y accurate picture of all that is happening in the industry,enabling us to draw strong infer

134、ences about where it is headed.Methodology31#GSTVCR24GLOBAL SPORTSTECH VC REPORT 2024Thank you!We would like to thank our fantastic team for the work thats gone into this report.Without their initiative,innovation and hard work this wouldnt have been possible.A great team is greater than the sum of

135、its parts.These are the people that make us a great team.Graphic DesignThe report was designed by Ryan Hays.Thanks a lot for your continuous support!Check him out at Content NoteThe content in this report is for general information purposes only and can change at any time.SportsTechX can not guarant

136、ee the ultimate accuracy or completeness of the data.ImprintAuthors:Rohn MalhotraCompany:The Global SportsTech VC Report is a product of SportsTechX GmbHAddress:Rheinsberger Str.76/77,10115 Berlin,GermanyContact: DixitResearchAtiriya NarayanResearchSinhaar RodriguesBusiness DevelopmentKhyati ChoudharyMarketing&Communications32#GSTVCR24GLOBAL SPORTSTECH VC REPORT 2024