LeBron James, Drake and Naomi Osaka Team Up To Invest in Sports Technology Company, Potentially Worth Billions

StatusPro aims to use extended reality to “create training and fan engagement products.”

Sports 
14,305 Hypes 16 Comments

LeBron James, Drake and Naomi Osaka have linked up to invest in a sports technology company called StatusPro. Started by two former football players, Andrew Hawkins and Troy Jones, the firm describes themselves as a sports tech and gaming company that incorporates player’s data and augmented and virtual reality to create a bevvy of training and fan engagement products.

According to the press release, the sports tech firm is part of a growing industry that is projected to be worth $57 billion USD by 2027. StatusPro currently has partnerships with a number of NFL teams including the Baltimore Ravens, the NFL Players Association and NCAA collegiate teams. Additional investors for the company include Verizon, KB Partners, Greycroft and Leeds United stakeholders.

Hawkins and Jones are amongst the less than one percent of Black entrepreneurs who receive funding from traditional venure capitalist firms. Hawkins said, “It’s incredibly humbling that pioneers of their level believe in us as founders and in our vision for this industry. We always say StatusPRO is only as strong as our team, and our team just got a whole lot stronger.”

Naomi Osaka, a strategic investor for the company praised the duo sharing, “I look for investment opportunities that can have a lasting impact on culture and society – and StatusPRO is poised to do that. It’s not only going to influence gaming and entertainment (two things I am passionate about), but also the way athletes can train and analyze their performance.” With the help of investments from James, Drake and Osaka, StatusPro hopes to take its products beyond football and into other facets of the industry.

In other tech news, SpaceX’s Starlink has unveiled all-new Internet satellite dish.

Read Full Article

What to Read Next

Snoop Dogg Unveils Stacked Tracklist for 19th Studio Album 'Algorithm'
Music

Snoop Dogg Unveils Stacked Tracklist for 19th Studio Album 'Algorithm'

Featuring supergroup Mount Westmore, Mary J. Blige and more.

Kanye West Pays Elon Musk a Visit at SpaceX
Tech & Gadgets

Kanye West Pays Elon Musk a Visit at SpaceX

West and Musk have long been fans of one another.

Official Images of the KAWS x sacai Nike Blazer Low in Blue Have Surfaced
Footwear

Official Images of the KAWS x sacai Nike Blazer Low in Blue Have Surfaced

A classic silhouette with a signature sacai layering treatment and playful colorways by KAWS.

Tesla To Deliver EVs Without USB Ports in Lieu of Chip Shortages
Automotive

Tesla To Deliver EVs Without USB Ports in Lieu of Chip Shortages

Some customers were not made aware of this change until they bought their cars.

The Supreme x Nike SB Dunk High "By Any Means" in "Black/White" as Seen on Foot
Footwear

The Supreme x Nike SB Dunk High "By Any Means" in "Black/White" as Seen on Foot

A nod to the NY brand’s 2008 collection.


Take an Official Look at the Nike Air Max 90 "Siempre Familia"
Footwear

Take an Official Look at the Nike Air Max 90 "Siempre Familia"

Celebrating Día de los Muertos.

'Marvel's Avengers' Drops First Trailer Introducing Spider-Man
Gaming

'Marvel's Avengers' Drops First Trailer Introducing Spider-Man

Exclusive to PlayStation versions of the game.

Goodhood Drops Third Chapter of Its Collaborative “T-SHIRTNOW” Project
Fashion

Goodhood Drops Third Chapter of Its Collaborative “T-SHIRTNOW” Project

Featuring pieces with Parra, Brain Dead and more.

HBX Opens Pre-Orders for the Highly-Limited SECRET BASE Swarovski 'Astro Boy' Figure
Toys

HBX Opens Pre-Orders for the Highly-Limited SECRET BASE Swarovski 'Astro Boy' Figure

Priced at $8,350 USD.

BLACK Scandal Yohji Yamamoto and PEACE AND AFTER Collide for a Capsule
Fashion

BLACK Scandal Yohji Yamamoto and PEACE AND AFTER Collide for a Capsule

Mixing dark styling with retro pixel art.

More ▾
 
We got you covered. Don’t miss out on the latest news by signing up for our newsletters.

By subscribing, you agree to our Terms of Use and Privacy Policy.