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Announced

Completed

Dream Capital led a $120m Series A funding round in Rario.

Financials

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Transaction Value£94m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Software

Cross Border

software company

Private Equity

Venture Capital

Acquisition

Singapore

Minority

Private

Completed

Synopsis

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Dream Capital, a corporate venture capital and M&A arm of Dream Sports, led a $120m Series A funding round in Rario, a creator of the world’s first cricket NFT platform, with participation from Falcon Edge Capital, Animoca Brands, Presight Capital, and Kingsway Capital. “Cricket is the 2nd largest sport in the world with more than 1.5bn fans globally. NFTs are creating new forms of engagement allowing fans to own and trade digital collectibles. Rario’s global cricket NFT ecosystem will be further strengthened by the 140m sports fans on Dream Sports," Ankit Wadhwa, Rario Co-Founder & CEO.

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