Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Boom Entertainment, a US-based sports gaming apps developer backed by Stanford University-aligned Stanford-StartX Fund, raised $15m in a series A round yesterday led by Sands Capital, with participation from online casino operators Golden Nugget Online Gaming and Rush Street Interactive, media company Tegna, Defy Partners, Bettor Capital, Velo Capital, Alpha Bridge Ventures, Heatwave Partners and assorted private investors. Boom Entertainment had secured $1.4m in seed funding co-led by Stanford-StartX Fund, Rubicon Venture Capital and private investor Mark Pincus in January 2016, when several angel investors also participated. Founders Fund subsequently led a $2m seed round in May 2017 that was also backed by a range of individuals. In June 2018, Boom secured $4.5m in a round co-led by Defy.VC and ZhenFund, with commitments from angel investors.

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Thierry Heles

Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).