Former Soccer Referee Opens Israeli Sports Tech Innovation Center
Called Colosseum Sport, the center aims to connect Israeli sports tech startups with the international professional sports industry as well as international investors and put Israeli sports tech on the global map by 2020
On Wednesday, veteran entrepreneur and former Israeli soccer referee Oren Simanian launched his newest venture, an international sports tech innovation center intended to put Israeli sports tech on the global map by 2020, according to Simanian.
For daily updates, subscribe to our newsletter by clicking here.Called Colosseum Sport, the center was introduced as part of a three-day sports tech summit the company held at the Tel Aviv Stock exchange, which featured guest speakers such as NFL executive James Massing, head of strategic innovation at FC Barcelona Aitor Jimenez Villar, and Nacho Martinez Trujillo, former La Liga managing director.
Aside from the networking and collaboration opportunities, the center will also offer Colosseum Elite, a program that will offer selected mid and late-stage startups personal mentoring. As a future goal, Simanian said, the center is also looking to connect to the venture capital sector to help community members obtain capital for growth.Some Israel-based venture capital firms have already started to focus on sports tech. Yossi Moldawsky, co-owner and chairman of Israeli Plus Ventures, set up a $30 million fund dedicated to sports tech in 2016. In February, equity crowdfunding company OurCrowd Management Ltd. announced the launch of a new $50 million sports tech fund, in collaboration with Berlin-based leAD Sports Accelerator Management GmbH.