Mentioned:
There’s a startup aiming to disrupt the traditional version of the Olympics. And now, Donald Trump Jr is getting behind it too.
What’s happening:
- Donald Trump Jr led venture capital fund 1789 Capital has led the Series B financing round for the Enhanced Games
- The funding round also saw notable participation from venture capital fund Kartage and Apeiron Investment Group
Why it matters:
- The Enhanced Games is aiming to create an entirely new version of athletics and sports competition, which embraces the use of leading edge medicine and performance enhancing drugs
Going deeper:
- The Enhanced Games have already landed some of the most notable venture capital investors in the world, including atai Life Sciences (NASDAQ: ATAI) co-founder Christian Angermayer, Balaji Srinivasan and Peter Thiel
The fine print:
- The first ever Enhanced Games has yet to take place and is currently unknown as to when it will occur