1、POWERED BYGLOBALSPORTSTECH VCREPORT 2022About this reportThe report will provide plenty of context on 2022,which has been a busy,busy year for SportsTech and therefore for us at SportsTechX.The main reason we love doing the VC report near the end of the year is that it gives us a chance to look back

2、 at the year to try to make sense of it all.Find the paterns,reflect on the insights,spot the trends.It is quite fun.2021 will likely be remembered as SportsTechs breakout year,where the niche industry finally went mainstream,nearly touching the$12b investment mark.If 2021 was the breakout year then

3、 2022 will surely be known as the Year of the Fan.Firstly,it has been a great follow up to 2021,despite a tough economic climate it will likely end near$10b in investment.Secondly,over 60%of that amount went to fan focussed solutions as the sports world woke up post pandemic to realise that they are

4、 nothing without their fans.Topics like investing in beter fan experiences,reaching out to younger audiences,giving fans true ownership and voice were certainly more common in board rooms.Whether those of startups/companies or sports organisations.And this is a trend that we believe should and will

5、continue.Where we go from here is anyones guess but signs are strong for this still young and fast growing industry.Any movie buff will know that sequels rarely match up to the original.For every The Dark Knight there are far more Speed 2s.For every Terminator 2 to lif your spirits,there is a Hangov

6、er 2 waiting to disappoint.2022 has certainly not disappointed.Now its onto 2023.The Return of the King or Godfather III?Well be back in a years time to help decide.#GSTVCR01GLOBAL SPORTSTECH VC REPORT 2022Benjamin PenkertManaging DRohn MalhotraManaging D#GSTVCRThe sequel vs the originalForeword fro