Join our syndicate

Skin In The Game is an FCA regulated investment syndicate connecting investors with groundbreaking startups in sports & health.

We enable angels to co-invest with leading funds, family offices, and corporate venture firms, providing access to the very best deals.

Join Our Syndicate

Standouts

⚽️ Lionel Messi sets up sports investment firm – Argentinian soccer icon Lionel Messi has launched a new investment firm focusing on global investments in the sports, technology and media spaces.

🩸 Get A Drip scores €4.5 million to rollout IV nutrition therapy – UK-based startup Get A Drip is on a mission to make IV nutrition therapy more accessible, enabling people to achieve optimal body well-being.

🧠 NeuroFlow nets $25M in growth capital, new Air Force partnership – The behavioral health startup has clinched $25 million in growth capital. The latest investment was led by SEMCAP Health. Novant Health also participated.

💰 Will Ventures closes second fund on $150M – Will Ventures, a Boston-based venture firm focused on sports and wellness-related startups, has raised $150 million for its second fund. The fund's LPs include professional athletes and several team owners.

🧠 BlueSkeye AI raises £3.4m to transform mental health diagnoses – HealthTech startup BlueSkeye AI has secured £3.4 million in funding to pursue its mission to improve people’s quality of life through face and voice analysis technology.

Best of the rest

⛳️ Golf+ raises US$6m as McIlroy, Curry and Brady invest – SportsTech startup Golf+ has raised US$6 million in funding from a range of athlete investors, including Rory McIlroy and Tom Brady, to continue the development of its VR training platform.

👩‍🔬 Hormona wants women to track their ‘hormonal health’ with at-home testing – The startup has raised a total of $1.5 million in early backing from three VC firms so far: SFC Capital and Nascent Invest, as well as Techstars, after going through their LA accelerator program earlier this year.

🇺🇸 Rubin Sells 76ers, Devils Shares to David Adelman, Other LPs – Philadelphia businessman David Adelman is buying into the Philadelphia 76ers and New Jersey Devils, purchasing equity previously held by Fanatics CEO Michael Rubin.

⚽️ Kings of the pitch: Meet the footballers who invest in startups – Revyze is part of an emerging group of companies with professional footballers sitting on their cap tables.

📱 Chronic disease startup Redi.Health raises $3.7M for expansion – Redi.Health's app replaces manual processes for tracking medications, symptoms and steps in a treatment regimen.

🇺🇸 CoachMePlus raises $1M to continue military partnership, expand to fitness, wellness markets – CoachMePlus is a software system that helps coaches, trainers and other athletic officials track and manage data on how athletes are training.

🤩 Sports tech firm led by Tiger Woods, former NBC exec raises millions – A Flordida-based firm started by golfers Tiger Woods and Rory McIlroy, along with longtime NBC Sports executive Mike McCarley, has raised nearly $15 million.

🎲 Polychain makes a move to HotStreak to streamline sports betting using blockchain – Polychain Capital, an investment fund with millions of dollars invested in blockchain startups like Abra and Chainlink, will be putting its money into HotStreak Sportsbooks, one of the leading sports betting websites in North America.

⚽️ EA Sports Launches Accelerator Fund for Women’s Soccer – EA Sports pledged its commitment to women’s soccer through a slew of announcements at its Women’s Football Summit, led by investing $11 million to launch the Starting XI Fund, a new accelerant dedicated to the women’s game.

🇮🇳 Dream Sports-Backed Rario Bags Equity Funding From Sachin Tendulkar – Dream Sports-backed NFT marketplace, Rario, has received an equity investment from former Indian cricketer Sachin Tendulkar. The platform, which solely focuses on cricket-themed collectibles of athletes from around the world, has investors including Dream11's venture investments arm Dream Capital, UK-based Kingsway Capital, and US-based Presight Capital, among others.

🎾 Kevin Durant becomes the latest star to own a pickleball team – The Brooklyn Nets forward, along with his manager Rich Kleiman and their joint venture Thirty Five Ventures, were announced as the owners of Major League Pickleball expansion team.

🚸 Performance tracking sports wearable startup Footrax raises $100k – Footrax is a start-up aiming to make sports analytics and performance tracking available for kids who can't get access otherwise. They currently have over 2000 beta users.

💵 Prenuvo raises $70M in early-stage funding to make preventative MRI scans more accessible – Healthcare technology startup Prenuvo has raised $70 million in an early-stage funding round to achieve its goal of reinventing the traditional physical healthcare and bringing preventive care to more people.

👩‍⚖️ Unified Women's Healthcare buys digital menopause startup Gennev – Unified Women's Healthcare, one of the country's largest providers of practice management services dedicated to women, acquired Gennev, a Seattle-based digital menopause care delivery platform.

🇹🇭 Thai metaverse firm buys major stake in local esports startup – Metaverse firm Translucia has taken a major stake in Thailand-based Infofed as part of a joint-venture deal to promote esports in Southeast Asia.

💰 V3 Ventures launches to put €100M into startups in health, beauty and food – Verlinvest, a family-backed, “evergreen”, growth fund investor, that has previously funded a few well-known consumer brands like Oatly, Vita Coco, Tony’s Chocolonely, Who Gives A Crap, Pedego, Chewy.com, Hint and others, is getting into the venture game.

🌶 Viome Life Sciences closes $67 Million in Funding towards Series C Financing Round – Viome Life Sciences, a mission-driven, digital health company leveraging precision nutrition to increase health and longevity, has closed additional funding toward its series C.

🥊 Mayweather Boxing + Fitness Acquires KickHouse Franchise System – MW Fitness Holdings, LLC, the parent company of Mayweather Boxing + Fitness, has acquired KickHouse Fitness, LLC, a leading kickboxing franchise system.

💊 Feel aims to become household name following £10m investment round – Feel sells a wide range of multivitamins and supplements on a subscription service. It has since expanded the offering into protein bars and meal replacement products.

Pureboost, Amazon’s #1 Selling Clean Energy Drink, Raises Over $2M+ – Pureboost, the #1 best-selling antioxidant clean energy drink mix that is free of sugar and sucralose, debuts with over $2M on Wefunder, the most popular crowdfunding platform in the US.

🤝 The Healing Company Acquires PepsiCo Backed Your Super In First Attempt To Consolidate The Wellness Industry – Integrated supplements platform The Healing Company, has acquired plant-based superfoods brand Your Super for an undisclosed sum as part of its roll-up strategy to consolidate the wellness industry.

🏳️‍🌈 FOLX Health Raises $30M in Series B Funding Led by 7wireVentures – FOLX Health, the first digital healthcare service provider designed by and for the medical needs of the LGBTQIA+ community, closed $30 million in new financing led by 7wireVentures, with participation from new investor Foresite Capital and existing investors, including Bessemer Venture Partners, Define Ventures, and Polaris Partners.

⛓ Web3 Lifestyle App Gritti Raises $1.7M Seed Funding – Gritti, the web3 social fitness app building healthier habits through engaged communities and applied game design, closed $1.7M in seed funding.

🚲 Saris Group acquired at bankruptcy auction by C+A Global – Known for the production of bike racks, bike trainers, bike storage racks, as well as public bike systems and infrastructure, Saris ran into trouble of the back of erratic ordering patterns during the peak of the Covid-19 pandemic.

‍👳‍♀️MedSpa Marketplace Upkeep Completes Seed Funding Round – Upkeep, an app that allows users to find, book, and pay for MedSpa treatments such as facials, botox, filler and laser hair removal, has secured $2 million in seed funding.

💪 Health And Fitness Coaching For The Many Not The Few With FitBudd – Software-as-a-service start-up FitBudd has closed a $3.4 million seed funding round. Its platform provides a means for coaches and clients to work together at far greater scale than ever before.

🤸‍♀️ Anne Mahlum Raises $5M to Launch New Fitness and Wellness Company – Anne Mahlum, Founder of Solidcore and Back on My Feet, has raised $5M for her new fitness and wellness venture called Ambition, which will open in February 2023.

Some tweets

Matt Turck @mattturck – If this VC slowdown continues, we may have to live in a world where we wait wait 30 minutes for our groceries

Maximilian Fleitmann @MaxFleit – 🗺 VC Stack Market Map - Tools for VC & Angel Investors 🗺 All Tools on 👉 vcstack.io

Dr. Parik Patel, BA, CFA, ACCA Esq. @ParikPatelCFA – My wife watching me trading stocks

P.S.

At time like this (I’m referring to the political shenanigans we are experiencing right now in the UK), sports provides the perfect escape. Thank goodness for football, rugby, cricket, and every other game I’ll be watching this week.

Yours in sports,

Ed
—
Ed Rhys
Co-Founder / Skin In The Game
www.skininthegamegroup.com

Join our syndicate

If you find this newsletter useful, consider joining our FCA regulated investment syndicate connecting investors with groundbreaking startups in sports & health.

We enable angels to co-invest with leading funds, family offices, and corporate venture firms, providing access to the very best deals.

Join Our Syndicate

SKIN IN THE GAME GROUP LIMITED is registered in England and Wales under Company Number 14338473 and with the FCA as an Appointed Representative with FRN 984265. SKIN IN THE GAME GROUP LIMITED is an Appointed Representative of Finex LLP which is authorised and regulated in the UK by the Financial Conduct Authority (“FCA”) with firm reference number 507537.

‍

‍