Loading organizations...
Alpine 100 functions as a fundraising initiative supporting British winter sports athletes. It operates a monthly social lottery where participant contributions generate funds. Proceeds are evenly split, half funding prizes and the other half allocated as grants for athlete development. This approach delivers consistent financial backing to nurture talent within British winter sports.
The initiative emerged from a recognized need to establish sustainable funding for athletes facing significant financial demands for training, equipment, and international competition. This model leverages community participation, reflecting an insight into creating an engaging funding stream that directly addresses critical financial gaps.
The platform engages individuals passionate about British winter sports, offering them an opportunity to contribute and potentially win. Alpine 100’s vision is to enhance the national and international presence of British winter sports by securing vital resources for athletes, cultivating a strong future for the sport.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 29, 2023 | MotionOps | $1.2M Pre-Seed | David Card | — |
| Jun 17, 2023 | Olumo | $800K Seed | Alpine 100, David Card | — |