FloSports, a global sports media company focused on passionate, underserved sports communities has announced the successful closing of its Series D funding round, led by Dream Sports, a leading sports technology company based in India. Dream Sports joins existing investors Causeway Media Partners LP, Warner Bros. Discovery Inc., DCM Ventures, Bertelsmann Digital Media Investments, and […]
Dan Gilbert, John Burbank among investors of Courtside Ventures $100m fund
Courtside Ventures, the leading early-stage VC firm investing in category-defining companies across sports, gaming and lifestyle has announced its $100M Fund III. Fund III investors include a globally diverse group of industry leaders across professional sports team owners, athletes and industry executives. Team owners include Tony Ressler (Co-Founder & Executive Chairman of Ares Management and […]
Real Madrid partners FundingBox to fund European innovation projects for start-ups
Real Madrid Next and FundingBox have struck a collaboration agreement for the funding and development of European innovation projects for start-ups. The link-up has a value of up to €9 million over the next three years. FundingBox will invest up to €4.5 million in the start-ups involved in the programme and will help them to […]
Flipkart raises $1.2bn equity round from Walmart to power e-commerce in India
Flipkart Group closed an additional $1.2 billion equity round to support continued development of its eCommerce marketplace as India emerges from the Covid-19 crisis. The investment is led by Walmart, Flipkart Group’s majority owner, along with a group of existing shareholders and values the company at $24.9 billion post-money. It will be funded in two […]