Hype Sports Innovation Launches; Hype Capital Fund



(London, United Kingdom) Hype Sports Innovation has two headquarters offices; one is in London U.K., whilst, the other is in the Country of Israel.  In essence, Hype Sports Innovation is a business community, as an ecosystem.  Specifically, it is an ecosystem that is about the related aspects of the competition and collaboration that, exists amongst diverse entities.  For example, Hype Sports Innovation is made up of 40,000 members.  These 40,000 members include sports clubs, sports brands, sports investors, sports federations and sports startup businesses.  The day to day effort; of Hype Sports Innovation, is to conduct outreach to global partners, throughout the world.  The global outreach, is also, exemplified by the ability to reach, every sub-sector of the sports sector of the global economy.  Recently, Hype Sports Innovation revealed that, it has launched a sports technology business equity fund.  Specifically, it is named Hype Capital Fund.  Furthermore, it has launched with $75 million USD in funding.  
             The $75 million USD in funding, which Hype Capital Fund as part of Hype Sports Innovation; has launched with, will be used for the following.  The unleashing of the next generation of unicorns of the sports innovation world, is the purpose that is also the headline.  In other words, it is a business equity fund that is intended to help, startup businesses enter the global sports marketplaces.  Hype Capital Fund, is also, a continuation of the Hype Sports Innovation business model.  For example; Hype Sports Innovation, also puts on global sports innovation events.  The effort is to build a truly living ecosystem, for the sports sector of the global economy.  Through this effort, Hype Sports Innovation hopes that it can also highlight the innovators of the sports sector of the global economy.  Additionally, the targeted audience, is a startup business in the sports sector of the global economy.  For this startup business, the ability to communicate across established communication channels, is the first objective that is achieved.  For the $75 million dollar business equity fund, or venture capital fund; e-sports, artificial intelligence, fan engagement monetization, VR and performance analytics are the desired areas of specialization of the startup business.  The second reached objective, or objective that can be reached, is the Hype Global Sports Innovation Community.  The aforementioned is made up of 2,900 global sports & tech brand leaders, 700 investors & angel investors and 450 sports clubs or organizations.  Amir Raveh is the Founder and President of Hype Sports Innovation.  Through a press statement, Mr. Raveh said the following.  “I believe sports will continue to embrace technological change in the 2020s, and with HYPE’s capital fund we believe we can create an unparalleled return on investment.  I am confident that HYPE’s vision—to impact people’s lives with the power of sports innovation—will become a reality.”
            To end, Hype Sports Innovation did release two more press statements.  Bernd Wahler is the Chairman of Hype Sports Innovation.  Through a press statement, Mr. Wahler said the following.  “To reduce the risk for investors we only work with elite startups, whom we know personally and are part of our deal flow.  Once we get them onboard, we connect them to corporations in our accelerator program, giving them an outstanding global platform.  Sports tech is a fast-moving industry with thousands of companies worldwide and billions of dollars invested over the past five years.”  Bernd Wahler also said.  “We are working to take this sector’s strongest startups to the next level and to invite industry experts onto their advisory boards.  The perfect storm is here.  Fitbit and Peloton have raised together more than USD 1 billion, and millennials and Generation Z are streaming sports events on their phones in huge numbers.  This radical demographic shift in viewing distribution is transforming the entire industry, with online shopping now established as the underlying foundation of sports retail.”  Uli Becker is the Chairman of Hype Capital Fund.  Through a press statement, Mr. Becker said the following.  “Once we reach our funding target, we will support the next unicorns of sports innovation, aiming to capitalize on emerging technology.  We already have vast experience promoting startups in our ecosystem, with forty percent of firms in the London accelerator raising money through our program.”  As previously stated, Hype Sports Innovation recently revealed that, it has launched a sports technology business equity fund.  Specifically, it is named Hype Capital Fund.  Lastly and furthermore, it has launched with $75 million USD in funding. 

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Written from Press Release
Registered Writer at
PR Newswire Association, LLC
R-Berumen28
05/29/2019

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