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Standouts

⚽️ Liverpool put up for sale by Fenway Sports Group – FSG has looked at opportunities in the past but decided against moving forward with them.

🚸 Tiny Health Raises $4.5M to Launch Its Gut Health Test Tailored to Expecting Parents and Infants – The gut health testing company has secured $4.5M in funding to launch the first at-home microbiome gut test to help parents monitor and optimise babies’ gut health development from conception onwards.

🕶 Floreo, a VR platform for people with autism, raises $10M – The Series A round was led by Tenfore Holdings, with participation from the Felton Group, the Autism Impact Fund, and the Disability Opportunity Fund.

🇬🇧 UK online clinic raises $3.5m for chronic pain management platform – Leva, an online clinic focusing on chronic pain management, aims to help patients through physiotherapist support, pain management techniques, medication review and prescription.

🍄 Psychoactives Biotech Startup Gets $30M Series A Financing For Novel Drug Discovery Engine – The biotech company led by expert researchers, clinicians and drug developers from Massachusetts General Hospital and Harvard Medical School, Sensorium Therapeutics, has closed a $30 million Series A to advance its initial compound SENS-01 together with its Biodynamic Discovery Platform.

Best of the rest

💰 From Bezos to Ryan Reynolds, $16 Billion Worth of Teams Are Stoking Buyers – Right now, there are $16 billion worth of teams for sale, based on the most recent Sportico valuations. This bounty includes clubs in the NFL, NBA, NHL, MLB and English Premier League where, in each, the most recent sale fetched record bids.

🇬🇧 Oxford spinout Osler Diagnostics raises £74m for portable medical scanner – Osler Diagnostics has landed $85m (£74.2m) in a Series C round for its portable diagnostic medical scanner.

⛳️ Golf Guru Raises $290K pre-seed – The startup’s mobile app already streams more than 20 hours of mindfulness and meditation audio content focused on helping golfers prepare for shots, visualize success, and feel calm on the course.

🍏 Revero Closes $5M In Seed Funding To Reverse Chronic Diseases – The platform addresses the core cause of disease with medical nutritional therapy.

🇺🇸 San Francisco 49ers consortium set for full takeover of Leeds United – 49ers Enterprises bought an initial 15% equity stake in the English top-flight soccer club back in 2018 for a reported sum of £10 million. It then has gradually increased its stake in the team, which now sits at 44%.

👩‍⚕️ Swap Health Launches Out of Stealth With Investment from 25m Health – Swap Health emerged out of stealth mode with an investment from 25m Health, a joint venture between 25madison, Lifepoint Health, and Apollo Global Management, and a research partnership with the University of Florida.

🏒 Billionaire Canadiens Minority Owner Reported Favorite to Buy Senators – Billionaire Michael Andlauer has reportedly emerged as the frontrunner to purchase the Senators after the team was placed on the market by the two daughters of late former team owner Eugene Melnyk – who bought the Senators for $92 million in 2003.

🤖 Leaders of Calm, 23andMe invest in AI health startup – Exer Labs raised $6.5 million and announced its new focus as a remote patient-monitoring platform for health care providers. The funding round garnered interest from high-profile entrepreneurs, including Anne Wojcicki, the co-founder and CEO of the genetic testing company 23andMe, and David Ko, the CEO of Calm.

🇸🇦 Newcastle United’s owners inject further UK£70.4m into club – The consortium, which took control at St James’ Park during October last year, is 80% funded by Saudi Arabia’s Public Investment Fund (PIF).

🛋 Wellin5 raises – Wellin5, the one-stop solution to virtual counselling and therapist tools to significantly improve the effectiveness of therapy, closed a $2 million seed funding round.

🎾 MLP-VIBE Merger Creates Future of Pro Pickleball – Major League Pickleball and the Professional Pickleball Association Tour’s VIBE Pickleball League will merge to form one global, co-ed, team-based league.

💧 Derulo Acquires Significant Ownership Stake in Organic Flavored Water Brand Created by Family of Snapple Founder – Jason Derulo has acquired a significant ownership stake in the brand, making him a partner of the beverage company founded with the mission of creating the next generation of healthy drinks.

🏞 BookOutdoors Launches with $4M Seed – The deal was led by GreatPoint Ventures, with participation from Revolution’s Rise of the Rest Seed fund, R-Squared Ventures, and former C-level executives from several of the largest travel and hospitality companies, such as Aman Bhutani, former president of Expedia (and now CEO of GoDaddy), and Brendan Bank, former CTO of Booking.com, among others.

🎾 Anheuser-Busch latest to buy into Major League Pickleball – The agreement grants Anheuser-Busch control over one of the league’s teams, with ownership over all decisions including its draft picks and sponsors, as well as a founding partnership with the wider US-based Pickleball league.

🇸🇬 Southeast Asia health tech platform Speedoc raises $28M – Speedoc, a health tech platform that brings hospital care to homes, has raised $28 million in pre-Series B funding. The round included Bertelsmann Investments, Shinhan Venture Investment and Mars Growth. Returning investor Vertex Ventures Southeast Asia and India, which led Speedoc’s $5 million Series A in 2020, also participated.

💵 Sports Sponsorship Analytics Platform Trajektory Raises $4 Million Seed – The round was led by investments from TechOperators, Bridge Ventures, gANGELS and Mudita Capital Partners. Teams across pro sports use Trajektory’s software to view automated analytics on the value of their sponsorship activations.

⛓ NFT gaming startup Eterlast exits stealth with £3.9m – Eterlast develops NFTs in association with sporting and media franchise partners. The digital assets can be collected by consumers and used as part of gaming experiences.

🤑 Amagi raises over $100m from General Atlantic – The investment brings Amagi’s valuation to $1.4 billion, representing an increase from the $1 billion valuation the company achieved in March 2022 with a $95 million investment from Accel, Norwest Venture Partners and Avataar Ventures.

🇧🇷 Brazil’s Libra soccer league chooses Mubadala Capital as new investor – Libra is in negotiations to sell 20% of its commercial rights to the ventures platform, owned by the Abu Dhabi-based Mubadala Investment Company (MIC), for 5 billion reais ($971 million).

🤖 Agamon Health Completes $5M Funding Round – Led by Omri Sivan and Michal Meiri, Agamon is redefining patient management in radiology, replacing manual processes with smart automation.

👨‍⚕️ QubeHealth raises Pre-Series-A funding – The round was led by the US-based New Horizon Ventures, ThinKuvate (Singapore) and existing investor, Keiretsu Forum.

🇮🇹 Kelly Ripa, Mark Consuelos Take Wrexham-Style Leap into Italian Soccer – Kelly Ripa and her husband, Mark Consuelos, have joined the ranks of Hollywood stars investing in European soccer. The couple bought an ownership stake in Campobasso 1919, an Italian soccer club currently playing in the Eccelenza, the fifth division of the Italian soccer league.

🐩 Pet Diagnostics Startup Raises $5 Million In Financing, Led By Mars Venture Fund – MySimplePetLab, a pet health startup that sells home testing kits for dogs and cats, has received $5 million in Series A funding led by the Mars Inc. Companion Fund, the pet-tech-focused venture capital fund started by the pet food and pet health giant.

🇿🇦 SubjectWell Secures $35 Million in Investment, Focuses Growth in South African Operations – SubjectWell, the largest engagement platform for matching patients with chronic health conditions to new care options in clinical trials, closed a R630 Million ($35 million) Series B funding round led by Asset Management Ventures.

🤝 Infront Acquires Pico Get Personal, an Artificial Intelligence-Powered Tool to Help Brands and Rightsholders Better Know Their Digital Fans – Pico is a graduate of the Stadia Ventures accelerator program and for a time made its product available for free at the onset of the Covid pandemic.

🧃 Something & Nothing sips up €2.8 million – Launched in 2017, the brand produces a range of beverages that focus on high-quality natural ingredients in all its products and is marketed as an alternative to high-sugar soft drinks or zero-sugar substitutes.

🇫🇮 Finnish startup gets investment to help babies and parents sleep better – Oulu-based baby tech startup Nucu has raised €950K in a seed round led by deep tech VC firm Voima Ventures. The startup’s first-gen multisensory baby pad soothes babies to sleep with womb-like feelscapes.

🎮 Esports company Wisdom Gaming raises nearly $14.9 million – Earlier this year, Wisdom opened an 18,000-square-foot esports venue and broadcast studio on the fourth floor of the Mall of America, in a space that previously housed chain restaurant and bar Dick’s Last Resort.

Some tweets

Joe Vennare @JoeVennare – These scans compare the thigh muscle density of: • 40 year-old triathlete • 70 year-old sedentary man • 70 year-old triathlete Exercise is a miracle drug.

Michael Karnjanaprakorn @mikekarnj – Venture studios are making a comeback *and* they're working. There's Atomic, Expa, Juxtapose, and HVF but I find Fractal (@verticalSaaS) the most interesting. They're on pace to launch 100+ companies in two years! Here's a breakdown:

Andrew Wilkinson @awilkinson – As I've learned more about finance, I've realized: 1. It's not that complicated (it's mostly dressed up with confusing terms) 2. There are a lot of EXTREMELY simple best practices that every startup/company should be following (but don't). Here's one of my favourites...

P.S.

The England squad has been announced, and The Guardian is saying, “The 26-strong pool of players travelling to Qatar for the World Cup is the strongest group to leave these shores since 2006.” What could possibly go wrong?!

Yours in sports,

Ed
—
Ed Rhys
Co-Founder / Skin In The Game
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, 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.

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