- Fund to Invest in 10 Pre-Seed Sports & Health Tech
Companies Every Year
- Venture Partners Include Professional Sports Teams (MLS,
NBA), Sports Federations, Lifestyle Brands, Players Associations,
Performance Facilities, and Health Systems
LAKE NONA,
Fla. and BERLIN,
July 25,
2024 /PRNewswire/ -- LEAD Sports and Health Tech
Partners (LEAD), a globally renowned sports and health tech
venture corporation, today unveiled LEAD ONE, a new direct,
pre-seed investment vehicle.
LEAD ONE is an evolution of LEAD's accelerator
vehicle, reworked to meet the changing global market dynamics of
early-stage venture and position our support in removing obstacles
for organizations to get from their A to B faster. With
$1M allocated annually, LEAD ONE will
look to invest in 10 companies per year that are building
technology around the sports and health industry (such as
healthcare accessibility, youth sports, food as medicine, media/IP,
women's health, orthopedics, wellness modalities, gaming, and fan
engagement).
"The venture capital market has shifted, as
capital is not being deployed at the same velocity due to higher
investment criteria for early-stage funds. In response, we have
re-launched LEAD ONE to address the needs of pre-seed companies
with a founder-friendly opportunity to access our platform and
secure the necessary capital to scale," said Justin Driscoll, Principal of Investments &
Portfolio at LEAD.
"Innovation does not sleep; the best companies
are incubated within every economic cycle. We are ready to champion
these bold entrepreneurs with our global ecosystem of investors,
advisors, innovators, athletes, and operators," said
Christoph Sonnen,
Co-founder/Chief Executive Officer at LEAD.
In addition to capital support, LEAD ONE provides
the platform for startups to collaborate directly with LEAD's
trusted circle of forward-thinking venture partner organizations,
including professional sports teams, player associations, sports
federations, lifestyle brands, performance facilities, and health
systems.
LEAD ONE's structure redefines the concept and
function of a venture partner. Departing from the conventional
model of an individual representative, LEAD ONE operates directly
with these corporate organizations that possess the mission of
continuous innovation. This strategic, mutually beneficial
collaboration with LEAD empowers the organizations and founders
with an opportunity for various forms of engagement and market
intelligence.
With offices in Lake Nona, FL, and Berlin, Germany, LEAD will announce the LEAD
ONE venture partners and its initial investments over the next
several months.
About LEAD Sports and Health Tech
Partners
LEAD Sports and Health Tech Partners is a global
venture corporation shaping the future of sports and health. As
institutional investors with an entrepreneurial mindset, LEAD
operates an investment division - sourcing, funding, and driving
the growth of early-stage sports and health tech startups worldwide
- and an innovation services division - advising organizations on
their innovation and investment initiatives. For more information,
visit www.leadsports.com.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/lead-sports-and-health-tech-partners-launches-lead-one-a-direct-investment-vehicle-targeting-pre-seed-companies-302206093.html
SOURCE LEAD Sports and Health Tech Partners