Drive by draftkings launches $60 million venture fund to invest in sports tech and entertainment

Boston, oct. 21, 2021 /prnewswire/ -- drive by draftkings, the multi-stage venture capital firm investing in sports tech and entertainment companies, has today announced that it has raised its first venture fund of $60 million, which is backed by high-profile owners, organizations, investors and athletes across the sports and entertainment industries. raised in just six months, the fund is oversubscribed by 20% with notable investors including: the kraft group (new england patriots), jones family (dallas cowboys), draftkings inc. (nasdaq: dkng), todd boehly (los angeles dodgers, los angeles lakers, los angeles sparks), madison square garden sports corp., madison square garden entertainment corp., arctos sports partners, and mike gordon (fenway sports group).
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