NBA Hall of Famer David Robinson is among the investors in SidelineSwap’s $5 million Series A financing round. SidelineSwap, a digital marketplace for new and used sports equipment, has now raised nearly $9 million total since its 2015 launch by a pair of former Division I lacrosse players, Brendan Candon (Holy Cross) and Anthony Piazza […]
Causeway Media Partners, a growth-stage venture firm focusing on sports technology, sports media and related companies, recently closed an oversubscribed investment round of $211.3 million for its second fund, well above its $175 million target. Founded by Wyc Grousbeck, Mark Wan and Bob Higgins, Causeway raised $130 million for its first fund in 2013, investing in such […]
Intel has confirmed plans to shutter its wearables business after an unsuccessful few years trying to get it off the ground, but it remains heavily invested in the sports industry generally. After spending hundreds of millions of dollars over the past five years attempting to build a wearables business that saw it dabbling in fitness […]
What was in Patrick Reed’s equipment bag during the Masters? Not a predetermined suite of clubs and balls from any one of the major manufacturers. He did wield clubs from such fabled golf names as Titleist and Callaway, but at his own discretion, not the companies’, according to a BBC report. The champion eschewed traditional […]
Nearly seven months after Eliud Kipchoge came just 35 seconds short of capturing the marathon world record, the Kenyan plans to run the London Marathon on Sunday with a pair of 3D-printed performance shoes that are six percent lighter than the ones he wore to win Berlin in September. Kipchoge will wear the new Nike […]
