April 8, 2025 - Deals
Sperm Racing Raises $1 Million From Karatage, Figment Capital & Karman For Unique Event
Sperm Racing, founded by Eric Zhu (Aviato & Thor Ventures), Nick Small (youngest sold-out founder in crypto), Shane Fan (Waterfall Market), and Garrett Niconienko (MrBeast team), recently raised $1 million in a round led by Karatage, with participation from Figment Capital & Karman. The funds will support the development of the world’s first sperm race, a unique event combining health and sport. Set to launch on April 25, 2025, at the Hollywood Palladium, the event will feature a microscopic racetrack where sperm motility is tracked in real-time, offering a full sporting experience with commentary and betting. The event, featuring a UCLA vs USC race, is expected to sell out the venue with 5,000 attendees. Sperm Racing aims to make reproductive health engaging and measurable while addressing declining fertility rates.
INVESTORS: Karatage, Figment Capital & Karman
AMOUNT: $1,000,000
HQ: #LosAngeles #California
#VentureCapital #EricZhu #NickSmall #GarrettNiconienko #Karatage #FigmentCapital #Karman #TradedVC