Former Reebok, Adidas Execs Partner With Israeli Sports Accelerator to Launch $75 Million Sport Tech Fund | Algemeiner.com

CTech – Uli Becker, former president of Reebok, and Bernd Wahler, former chief marketing officer for Adidas and former president of German sports club VfB Stuttgart, have partnered with Israeli-born venture capitalist Amir Raveh to launch HYPE Capital, a $75 million fund dedicated to sport tech startup. HYPE Sports Innovation, an Israel and UK-based sport tech accelerator network headed by Raveh, announced the new fund on Tuesday.