You can’t blame Los Angeles Dodgers ownership for being in a dancing mood after the franchise dramatically won its second straight World Series on Nov. 1.
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A Chance on Dance
The bet is that dance fans around the world will pay to watch professional dance teams compete against each other the way that teams from the NFL, NBA, and Premier League compete against each other.
“The IDL team is creating more than a new competition format, they’re building a youth-to-professional pathway and global community around one of the world’s most passionate participant groups,” Steve Ahern, a partner at KB Partners, said in a statement.
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Elysian’s Investments and Exits
According to Elysian Park’s website, more than 70 startups are or have been in its portfolio, including 13 companies that have exited.
Elysian has another exit pending after fantasy sports platform PrizePicks announced a deal in September to sell a 62% stake to lottery and gaming company Allwyn International for $1.6 billion. That sale is expected to close in the first half of 2026.
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Building A Real League
This funding round will accelerate the buildout of IDL’s core technology and event production infrastructure, support team operations, and logistics for the inaugural 2026 season, according to the IDL. The IDL season will open in March with six events in six major international cities.
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