Fantasy soccer startup Sorare hits $4.3B valuation
September 22, 2021
SoftBank has led a $680 million Series B for Sorare, valuing the French fantasy soccer specialist at $4.3 billion. It's the largest-ever Series B in Europe, according to reports.
- Sorare offers a blockchain-based platform to let users trade digital sports cards. With the new funding, the startup plans to team up with the top 20 soccer leagues worldwide and expand to include other sports.
- The round is the second-largest deal in VC gaming this year, behind Epic Games' $1 billion funding round in April. Sorare has 600,000 registered users on its platform and has licensed players from over 180 soccer organizations.
- Atomico, D1 Capital, Eurazeo and other backers participated in the round, as did existing investors Benchmark, Accel and Headline.
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