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A VC firm raised a new $25 million fund for sports, gambling, and entertainment — here’s where it’s placing its bets

A VC firm raised a new $25 million fund for sports, gambling, and entertainment — here’s where it’s placing its bets

Venture-capital firm Sharp Alpha Advisors has closed a new $25 million fund to invest in early-stage sports, gambling, and entertainment startups. Led by managing partner Lloyd Danzig, the firm’s first $11 million fund from 2021 invested in companies such as the media and production company Almost Friday Media, digital-lottery site Jackpot.com, and ticket marketplace Betcha....