OurCrowd, a Jerusalem, Israel-based global equity crowdfunding platform, has launched its 13th $50m fund.
Co-founded with leAD Sports, a global sports tech accelerator backed by the Adi Dassler Family Office (ADIFO), ADvantage will be solely focused on sports tech.
Co-managed by OurCrowd’s Jeremy Pressman and leAD Sports’ Christoph Sonnen, who are two active and veteran venture capitalists with a domain-specific sports tech expertise, ADvantage will initially focus on 15 early-stage sports tech ventures primed for growth, including companies providing:
– next-gen fan engagement and experience;
– solutions for connected athletes and communities; and
– startups in the derivative sports space, including eSports, new and fantasy sports.
Jeremy Pressman, ADvantage Partner and Israel’s only active venture capitalist who is also a professional athlete, has been focused on sourcing and conducting due diligence on sports tech deals for over five years.
ADvantage Partner Christoph Sonnen is a serial entrepreneur and seasoned venture capitalist with vast experience in venture building and early stage investments. One of Red Bull’s founding employees, Sonnen has founded, invested, built and sold multiple business ventures over the past two decades.