Highlights of the Week - (10/30/2020)

Happy pre-Halloween! Here is a recap of good to know topics we shared throughout the week. 

• Performance tech is expanding its customer base from professional to prosumer. HYPERICE has broken into the professional sports leagues inking multiple partnerships as well as funding from leagues and athletes this month worth $48MM. Meanwhile video technology company Hudl also raised new funding in May in the growing sports analysis field used by professional to high school sports teams to analyze performance. Read the greater list of performance tech businesses doing well.

• Streaming services are one of the game changers of this century but it is getting crowded. With T-mobile being the latest to join the streaming party, we give a list of some major players’ activities from Disney to fuboTV.  

• 2020 is the year of built-up stress and these mental healthcare companies are thriving as a result. Our picked up list of companies raised $475MM in 2020 alone and are breaking down the walls to give easier access to mental healthcare. 

• What’s a ghost kitchen and why has this trend has ushered in, much to a foodies delight? We examine different ghost kitchen companies from real estate-focused companies like Cloud Kitchens to turnkey solutions provider Ordermark and room service alternatives Butler Hospitality. Read our insights.

Weekly Funding Stats 
This week the software & internet services continue as the strongest industry to attract investors although biotechnology also gathered a lot of attention with almost $200MM of total funding in the U.S. Notably, gaming company Scopely racked up the most funding at $340MM.