Powerhouse Capital I
Powerhouse Capital I, established in 2020, is a Los Angeles-based venture capital fund focused on global technology investments in media, entertainment, and interactive gaming. The fund, managed by Powerhouse Capital, targets high-growth companies in the United States and Canada, with a strategic focus on direct-to-consumer platforms driven by data. Its investment strategy is centered around four key sectors: visual content, audio and podcasting, gaming and esports, and the experience economy. The fund's team, comprising veterans from Evolution Media, leverages extensive operating, investing, and board experience in these sectors to identify and create value in investment opportunities.
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Past deals in Newspaper
The Athletic
Series D in 2020
The Athletic is an online media company founded in 2015 and headquartered in San Francisco, California. It operates a subscription-based platform dedicated to providing in-depth coverage of sports news, focusing on both local and national events. The service features a wide array of articles about various sports, including basketball and football, delivered by skilled journalists. The Athletic distinguishes itself by offering an ad-free experience, allowing subscribers to access authentic sports content without distractions such as pop-ups or auto-play videos. Through its comprehensive reporting and updates, the company aims to engage sports enthusiasts seeking detailed insights into their favorite teams and athletes.
The Athletic
Series C in 2019
The Athletic is an online media company founded in 2015 and headquartered in San Francisco, California. It operates a subscription-based platform dedicated to providing in-depth coverage of sports news, focusing on both local and national events. The service features a wide array of articles about various sports, including basketball and football, delivered by skilled journalists. The Athletic distinguishes itself by offering an ad-free experience, allowing subscribers to access authentic sports content without distractions such as pop-ups or auto-play videos. Through its comprehensive reporting and updates, the company aims to engage sports enthusiasts seeking detailed insights into their favorite teams and athletes.
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