logo
logo

Melbourne Sports-Tech Company Raises $5M For Us Expansion

Melbourne Sports-Tech Company Raises $5M For Us Expansion

07/13/22, 6:27 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgmelbourne
Money raised
$5 million
Melbourne-based Cipher Sports Technology Group has raised $5 million from private investment group Cygnet Capital to crack the newly legal US sports betting scene.

Company Info

Company
Melbourne
Location
melbourne, florida, united states
Additional Info
The company doesn’t take bets but operates sports betting websites Dimers.com and StatsInsider.com.au, which chief executive Adam Fiske said gives consumers independent information to help them place their bets. The two companies formed a partnership to launch Dimers.com in the US in August 2020 and decided to formally join forces and raise a fresh round of capital.