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November 22, 2023 - Deals
Professional Fighters League Purchases Paramount Global In Leakey Transaction
ACQUISITION
IMAGE: Jake Paul, Mohammed Bin Salman & Donn Davis
DATE: 11/20/2023
BUYER: Professional Fighters League (PFL)
SELLER: Paramount Global
SALE PRICE: $
NOTE: Professional Fighters League (PFL) has successfully acquired Bellator from Paramount Global, solidifying its position as a global MMA powerhouse. The acquisition adds a significant number of top fighters to PFL's roster, now on par with UFC. PFL will maintain the Bellator brand, launching the "Bellator International Champions Series" in 2024, featuring eight annual fight events globally. Donn Davis, PFL Founder and Chairman, along with Peter Murray, PFL CEO, will continue to lead the combined company, aiming to deliver innovative and fan-focused MMA content, including a landmark mega-event in 2024 featuring PFL Champions vs. Bellator Champions.
Professional Fighters League & Paramount Global HQ: #NewYorkCity
#VentureCapital #JakePaul #MohammedBinSalman #DonnDavis #ProfessionalFightersLeague #PFL #ParamountGlobal #TradedVC
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Colossal Biosciences In Talks For Funding Round Targeting $23 Billion ValuationColossal Biosciences, the de-extinction biotech startup known for its efforts to recreate the woolly mammoth and other extinct species, is reportedly in talks to raise new funding at a valuation of roughly $23 billion–$24 billion, according to Axios. The potential raise would mark a significant jump for the five-year-old company, with investors valuing not only its genetic-engineering programs but also its broader genomics, reproductive technology, conservation, and intellectual property platform. Colossal has begun generating revenue through conservation technology sales and technology spinouts, including Astromech, an AI-driven predictive modeling company, and Form Bio, a computational biology platform, expanding its value beyond de-extinction efforts.
FOUNDERS: Ben Lamm & George Church
TARGET VALUATION: $23,000,000,000
HQ: Dallas, Texas
#VentureCapital #ColossalBiosciences #BenLamm #GeorgeChurch #TradedVC