A new fund launched by one of Europe’s largest sports law practices, Northridge Law, will focus on high-growth technology companies that serve the sports, entertainment and leisure markets.
The fund, dubbed Northridge Track, is an alternative to a traditional accelerator or incubator program in that it offers both support and access. Focused on “high-potential technology companies,” the fund provides ongoing, premium support and access to key decision makers within Northridge’s existing network of teams, governing bodies, venue owners, agencies, sponsors, and investors.
Northridge Founding Partner John Walters said the decision to launch the fund comes from the firm’s understanding that early-stage startups, particularly those with high growth potential, sometimes need help with capital raising and access as they work to thrive in such competitive industries as sports.