Close Menu
AlexaBlockchain
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
Facebook X (Twitter) Instagram
Friday, May 30
  • Advertise
  • Crypto PR
  • Partner
  • Submit Press Release
  • Contact Us
X (Twitter) Facebook LinkedIn Instagram
AlexaBlockchain
Banner
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
AlexaBlockchain
You are at:Home » NFT-based Fantasy Sports Platform Sorare Raises $680M Led By SoftBank
Investment & Funding

NFT-based Fantasy Sports Platform Sorare Raises $680M Led By SoftBank

Sorare operates at the intersection of the NFT, sports cards, and global fantasy sports.
Ravi KumarBy Ravi KumarSeptember 21, 2021Updated:December 2, 2021No Comments2 Mins Read
Twitter Facebook LinkedIn Reddit Email WhatsApp
NFT-based Fantasy Sports Platform Sorare Raises $680M Led By SoftBank
Share
Twitter Facebook LinkedIn Pinterest Reddit Telegram Email WhatsApp

Paris-based NFT Startup Sorare, developer of a global fantasy soccer game where players can buy, trade and play with official digital cards, raises $680 million in a Series B Funding round led by SoftBank.

Sorare

Founded in 2018, Sorare was created by football fans for football fans. Sorare operates at the intersection of the NFT, sports cards, and global fantasy sports. Through blockchain digital collectibles and its global fantasy football, the company is on a mission to become ‘the game within the game’.

Read Also: Innovative Blockchain Tech Applications Lead to Rise of NFTs

Sorare is transforming online sports fandom and giving its community a new way to connect to the clubs and players that they love.

The platform had a card sales volume of over $130m since January 2021 across 160 countries. Based in Paris, Sorare is funded by a world-class team including Benchmark, Accel Partners, Headline, and footballers Gerard Piqué, Antoine Griezmann and Rio Ferdinand.

The company says it now has over 180 clubs, 6000 licensed athletes, and 600,000 registered users on its platform.

Read Also: What is RealFevr? An Exciting NFT Platform for Football Lovers

Sorare Series B Funding

Sorare says the round is the largest Series B to date for a European startup, which now brings Sorare’s valuation at $4.3 billion.

Founded in late 2018, the company previously raised just over $50 million, with most of that coming from a $50 million Series A round in February.

The latest funding round which was led by SoftBank also seen participation from other prominent investors Atomico, Bessemer Ventures, D1 Capital, Eurazeo, IVP and Liontree; along with the existing investors Benchmark, Accel and Headline.

Marcelo Claure, CEO of SoftBank Group International and COO of SoftBank Group, said:

“Sorare sits at the intersection of two really exciting industries in digital collectibles and fantasy sports. It’s evident from Sorare’s amazing growth this year alone that football fans around the world have been eagerly waiting for the “game within the game” that Sorare provides. We’re pleased to be joining them on this journey and are really excited to see what the company will achieve in its next phase of growth.”

Read Also: Mercado Bitcoin Secures $200M In Series B From SoftBank

Blockchain in Gaming Blockchain Technology France SoftBank Sorare
Share. Twitter Facebook LinkedIn Reddit Pinterest Tumblr Telegram Email WhatsApp
Ravi Kumar
  • X (Twitter)
  • LinkedIn

Ravi is Founder and Chief Content Officer of AlexaBlockchain. He writes about everything at the cross-section of blockchain, crypto, AI, markets, and the economy. Ravi can be reached at ravi@alexablockchain.com

More AlexaBlockchain

VOYA Games Raises $5M Co-led by 1kx, Makers Fund

May 21, 2025

Animoca Brands Invests in Astar to Boost Sony’s Web3 Entertainment Push

May 21, 2025

Antix Raises $8.2M to Launch Tokenized Digital Humans

May 14, 2025

​Cantor, SoftBank, and Tether Unite for $3.6B Bitcoin Venture

April 23, 2025

SOL Strategies Inks $500M Deal with ATW Partners

April 23, 2025

The 1st Annual African Blockchain Championship Launches April 12th

April 11, 2025
Add A Comment

Comments are closed.

Don't Miss

QFSCOIN Launches Affordable Cloud Mining Contracts to Democratize Bitcoin Access

Liquidium Launches Cross-Chain Bitcoin Lending Without Wrapped Tokens or Bridges

Katana Launches High-Yield DeFi Blockchain Backed by GSR and Polygon Labs

Sony’s Soneium Brings Viral Telegram Game Sleepagotchi to 200M Users via LINE

Trending Topics
  • Blockchain News
  • Blockchain Technology
  • Blockchain Platforms
  • Blockchain Regulation
  • Bitcoin News
  • Ethereum News
  • Ripple News
  • Tezos News
  • CBDC
  • NFTs
Featured Companies
  • Binance
  • Tech Mahindra
  • Huobi
  • Efforce
  • Future FinTech Group
  • SuburbanColors
  • Launchpool Labs
  • Lucky Crab Club
  • SIMBA Chain
  • Bulldog Law
Stay Updated
  • Events
  • Newsletters
  • Follow
  • Follow on Google News
  • Blockchain Directory
Get In Touch
  • Crypto PR
  • Advertise
  • Partner
  • About
  • Masthead
  • Careers
  • Write for Us
  • Submit Press Release
  • Submit Guest Post
  • Contact US
Copyright © 2025. AlexaBlockchain
  • About
  • Advertise
  • Crypto PR
  • Submit Press Release
  • Write for Us
  • Careers
  • Privacy Policy
  • Affiliate Disclosure
  • Disclaimer
  • Contact

Type above and press Enter to search. Press Esc to cancel.