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Incubator/Accelerator
qatarsportstech.com

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Investments

11

Portfolio Exits

1

Partners & Customers

1

About Qatar Sportstech Accelerator

Qatar SportsTech is an accelerator that aims Qatar SportsTech to develop startups in the sports-tech industry. Qatar SportsTech is initiated by Qatar Development Bank, powered by Startupbootcamp and supported by the Supreme Committee for Delivery & Legacy, Qatar Stars League, beIN Media Group, Qatar Financial Centre, Aspire Zone Foundation, MBK Holding, and the Ministry of Commerce and Industry.

Qatar Sportstech Accelerator Headquarters Location

Aspire Zone New Office

Doha,

Qatar

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Latest Qatar Sportstech Accelerator News

Meet the first cohort for Startupbootcamp – Qata SportsTech

Jan 24, 2019

24-Jan-2019by Hansen After three intense selection days, the first cohort for the Qatar SportsTech Accelerator Program has now been selected. The level shown by each of the 21 shortlisted startups has exceeded our expectations in every way possible. Aside from the 21 startups, we had the pleasure of hosting 40 mentors from the most influential sporting and innovation organisations in Doha as well as international supporting programs, such as Le Tremplin, Wylab, and Startupbootcamp. The local players include our valued partners from QDB, the Supreme Committee of Deliverance and Legacy, Aspire Zone Foundation, Ministry of Commerce and Industry, and QFC as well as other supporting organisations such as Qatar Tennis Federation, Qatar Football Association, Al Shaqab, The Olympic Committee, Qatar Airways, IBM, Ooredoo, Aspetar, Aspire Academy, Workinton, QCRI, and QBIC. Mentors and startups got together for one-on-one sessions where they delved into their business models and professional aspirations. The excitement that we have seen from both partners and startups has been encouraging and we look forward to exploring these collaborations further. So who were selected? As the name suggests, the ultimate goal of the Selection Days is to select the top 10 startups to join us for the three-month program starting on February 10th. After two packed days of presentations, mentor rotations and networking, we were ready to cast our verdict. Here are the 10 startups that we will be accelerating during the coming months: Olympia  – While digitalization has been changing the world in drastic ways, the practice of recreational sports has remained largely analog. Olympia is working towards revolutionizing the way individual practitioners engage with each other and their sports. Olympia’s AI governed and decentralized platform enables players to easily facilitate matches with each other. By introducing a universal rating system for all players orienting the focus on “Play” rather than fitness. Horse Analytics  – The two apps provided by Horse Analytics empowers horse enthusiasts to improve the health, fitness, and well-being of their horses. PacerApp is a training app that utilises the movement sensors of smartphones to objectively analyse and improve the training of horses. The VitalCam permanently tracks vital signs of horses in a clinic. In case of an emergency, the owner will be immediately alerted. Vensy  – This AI-driven platform helps brands build connections with highly engaged fans. The platform enables marketers to search through 4.000+ sports influencers to represent their brands. With over 1 billion data points, Vensy help brands make smarter decisions while helping sports talent monetize their marketability. Performance by P.U.R.E  – Millions of children dream of becoming professional athletes. Through a broad assortment of data gathering devices, including a smart ball, P.U.R.E makes it easier than ever to track your progress as a player. P.U.R.E has developed a unique methodology and a facilitating platform that brings together the knowledge, skills, and experience of seasoned professional football players. Moduu  – Combines vital body data tracking and active muscle stimulation to increase the effectiveness of rehab and fitness. Moduu’s sportswear can be worn in everyday life to measure body data and give smooth activation of muscles help the body stay fit and relaxed. TieSports  – A complete set of software tools for racket sports management and engagement. The three tools, Tie Club, Tie Player, and Tie Coach, gives clubs all they need to increase their visibility and manage their activities. MinglVision  – Interactive and personalised live and on-demand streaming solution for sports and music. MinglVision gives viewers direct control over the camera angles used during a match letting them experience the game how they see fit. Through the platform, viewers can seamlessly switch between camera angles, receive real-time notifications and make social interactions such as voting messaging and sharing. SAK  – Combines 3D scanning, AI and Industry 4.0 to bring mass customization to sports production gear. Most of the 265 million soccer players use low protection shin guards as their safety gear. This may lead to severe injuries that can jeopardize the careers of the athletes and result in high financial losses of their clubs. SAK developed tailor-made shin guards fabricated from 3D scans of the players’ legs and military grade materials. This result in sports gear that is much safer. FindaPlayer  – A sports participation network which helps the users to organise, find and play sports in their local area. Through the platform, users can rate other players, customize their own availability, build their own local sports network, automatically pick their team, and connect with sporty colleagues and friends. Creative Bot  – A dedicated platform for building, managing and distributing sports chatbots on messaging apps. Sports teams are currently using social networks to engage with their fans. However, organic reach on social media is dead and they don’t own any data. Chatbots offer the unique opportunity to create engaging conversations with the 6 billion users on messaging apps and Creative Bot give sports teams the means to build their own. Time to look ahead Now that the team has been set and the sports environment has been primed it is time to look forward to the actual program. Qatar SportsTech will not only be supporting the startups with a top-tier network but also with intense training and mentoring. Our philosophy is to work with each startup from a starting point based on their actual needs. The program will be customized for the particularity of the individual startups while setting aside generalities and oversimplification. We couldn’t be more excited to welcome these world-class teams to Qatar and, in collaboration, boost the SportsTech ecosystem of the region. Read more about Qatar SportsTech at  https://qatarsportstech.com Related Posts: InsurTech Demo Day 2018 Recap:… June 13, 2018 Last year, we started scouting the world for our…

Qatar Sportstech Accelerator Investments

11 Investments

Qatar Sportstech Accelerator has made 11 investments. Their latest investment was in Fancision as part of their Incubator/Accelerator on September 9, 2020.

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Qatar Sportstech Accelerator Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/24/2020

Incubator/Accelerator

Fancision

$0.15M

Yes

1

9/15/2020

Incubator/Accelerator

Torq Labs

Yes

1

1/24/2019

Seed

Creative Bot

$0.02M

Yes

1

1/24/2019

Seed

Subscribe to see more

$99M

Subscribe to see more

10

1/24/2019

Seed - II

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$99M

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10

Date

9/24/2020

9/15/2020

1/24/2019

1/24/2019

1/24/2019

Round

Incubator/Accelerator

Incubator/Accelerator

Seed

Seed

Seed - II

Company

Fancision

Torq Labs

Creative Bot

Subscribe to see more

Subscribe to see more

Amount

$0.15M

$0.02M

$99M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

1

1

10

10

Qatar Sportstech Accelerator Portfolio Exits

1 Portfolio Exit

Qatar Sportstech Accelerator has 1 portfolio exit. Their latest portfolio exit was moduu on July 31, 2019.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/31/2019

Merger

$99M

1

Date

7/31/2019

Exit

Merger

Companies

Valuation

$99M

Acquirer

Sources

1

Qatar Sportstech Accelerator Partners & Customers

1 Partners and customers

Qatar Sportstech Accelerator has 1 strategic partners and customers. Qatar Sportstech Accelerator recently partnered with Qatar Development Bank on April 4, 2019.

Date

Type

Business Partner

Country

News Snippet

Sources

4/2/2019

Partner

Qatar

QST Hackathon: 48 hours of Sports, Red Bull, and Coding

Qatar SportsTech in partnership with Qatar Development Bank is an accelerator program powered by Startupbootcamp dedicated to helping sportstech start-ups scale globally through direct access to an international network of mentors , partners , and investors .

1

Date

4/2/2019

Type

Partner

Business Partner

Country

Qatar

News Snippet

QST Hackathon: 48 hours of Sports, Red Bull, and Coding

Qatar SportsTech in partnership with Qatar Development Bank is an accelerator program powered by Startupbootcamp dedicated to helping sportstech start-ups scale globally through direct access to an international network of mentors , partners , and investors .

Sources

1

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