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Key people at Sixers Innovation Lab.
The Sixers Innovation Lab operates as an accelerator for rapidly growing, early-stage consumer product companies. It provides selected startups office space, strategic mentorship, and business development, leveraging the Philadelphia 76ers brand and network. The program fosters growth by offering essential resources, including legal, marketing, and public relations support, alongside industry expertise.
The Philadelphia 76ers ownership group established the Innovation Lab, announced April 2016 and opening July 2017. This initiative utilized a major sports franchise's brand and infrastructure to cultivate emerging businesses. Entrepreneur Seth Berger, as Managing Director, guided the lab's strategy and directly supported participating companies.
The program served early-stage companies seeking accelerated development, providing a unique platform to scale operations and refine market strategies. Its vision identified promising ventures, integrating startups within a professional sports ecosystem. This approach offered significant exposure and strategic advantages through a global brand association.
Sixers Innovation Lab has 1 tracked investment across 1 company. The latest tracked deal is $7.0M Seed in Highlight in March 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 1, 2022 | Highlight | $7.0M Seed | First Round Capital | Alumni Ventures, Betaworks Ventures, Congruent Ventures, General Catalyst, Goat Capital, Haystack, Kamran Ansari, Mischief Venture Capital, Next Play Capital, Operator Collective, Redpoint Ventures, Sequoia Capital, SRB Ventures, XYZ Venture Capital, MAX Mullen, Peter Reinhardt, RON Pragides, Scott Banister, Siqi Chen, SRI Batchu, Richard Thornton, TOM Bernthal, Zander Lurie, HearstLab, Operator Partners, Scribble Ventures |
Key people at Sixers Innovation Lab.
