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NBA's Giannis Antetokounmpo Joins $27M Series B Round As Strategic Partner For Wave Sports + Entertainment

Giannis Antetokounmpo is on the money! The NBA star joined as a strategic partner for a Series B investment round totaling $27 million for sports media startup Wave Sports + Entertainment, according to a press release. The seed round was led by private equity firm TZP Group. Crossbeam Venture Partners, GPS Investment Partners, Verance Capital, Nimble Ventures, existing investors and more also participated in the round. “WSE is leading the shift to creating digital superfans by engaging audiences where, when, and how they want to consume sports content,” said Shamit Mehta, Partner at TZP Growth Equity, according to a press release. “We believe athletes, leagues, and companies will have a new way to connect with younger audiences through WSE’s successful brands.”

Samantha Dorisca

Feb 25, 2022