Sharp Alpha Advisors Secures $25M for Sports and Entertainment Ventures

The venture capital firm aims to invest in early-stage startups at the intersection of sports, gaming, and technology.

The new fund plans to invest $1-2 million in 15 startups focused on competitive entertainment.
Managing partner Lloyd Danzig emphasizes the potential of lean-forward engagement in these sectors.
Investments include C15 Studio, which operates streaming channels for Formula 1 and One Championship.
Sharp Alpha's first fund raised $10 million in 2021 and saw successful exits, including Betcha Sports.
The firm anticipates strong returns by backing innovative solutions to important industry problems.