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Sharp Alpha closes $25M+ Fund II to back gaming, sports, media startups
Sharp Alpha Fund II has $25M+ to invest in about 15 early-stage startups at the intersection of gaming, sports and entertainment.
Sharp Alpha Advisors announced it has closed an oversubscribed $25 million fund to invest in early-stage sports, gaming and entertainment startups. “The success of our first fund combined with growing recognition of the competitive entertainment opportunity have been key tailwinds for our fundraising process against a challenging backdrop,” said Lloyd Danzig, Managing Partner at Sharp Alpha Advisors, in an interview with GamesBeat. We are grateful for the support of our existing LPs who have watched us deploy capital behind this edge and re-upped into Fund II,” Danzig also told GamesBeat.
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