DrakeStar：2023年第一季度全球体育科技产业报告（英文版）（23页）.pdf

1、Drake Star Securities LLC is regulated by FINRA and is a member of SIPC.All securities in the UK,are transacted through Drake Star UK Limited(FRN 942020)an appointed representative of Kession Capital Ltd(FRN 582160)which is authorised and regulated by the Financial Conduct Authority.+1 203 524 5652

2、+1 310 696 +1 310 696 +44 77 4005 601764$1.6B$1.7B$0.2BNote:Figures include deals that were announced and/or closed in Q1 2023Source:Pitchbook,Drake Star analysisQ1 2023 DEAL VALUEQ1 2023 DEAL COUNTM&APrivate PlacementsPublic MarketsTotal-$3.5BTotal 240Q1 2023 SUMMARY With 60 announced and/or closed

3、 deals in Q1,the year has started with a healthy M&A volume that is in line with the average deal flow we saw last year!While the majority of the Q1 deal values were undisclosed,several of the top buyers were active including Penn Entertainment(Barstool Sports),Hybe(QC Media Holdings)and Golden Matr

4、ix Group(MeridianBet).Record$2B+of new funds were raised in the quarter indicating that sports tech is one of the key growth sectors with increasing investor interest.Some of the noticeable new funds are Isos7 Growth Equity($750M)and Bluestone Equity($300M),while Sapphire Ventures doubled down on sp

5、orts tech with their 2nd sports focused fund($181M).With 176 deals raising around$1.7B,private financings remained steady compared to Q4 2022 with 170 deals.75%of the deals were early-stage financing and the mid to late-stage financing segment was relatively quiet as we predicted.some of the noticea

6、ble raises were Zwift($620M),VSPO($265M),and WTA($150M).Most active investors focused on early to late stage were ACIES Investments,Animoca Brands and a16z,while seed stage investment activity was led by Elysian Park,Courtside VC and FJ Labs.Sports tech public market saw a strong recovery with most