AquaBloom International Sports Technology Group and SportBoost announce China and Global All-Round Strategic Partnership
Hong Kong | Madrid - ABSG, the first and only globalized sports technology and innovation platform and ecosystem in China, announced a new partnership with Madrid-based sports innovation platform SportBoost. The partnership aims to accelerate growth in the SportsTech industry by leveraging each party’s expertise.
SportBoost is an accelerator and/or incubator of disruptive startups linked to the world of sport and technology founded by Real Madrid legend Iker Casillas, which provides major services, such as investment and financing, R&D, media & marketing, accelerators, etc.
The new partnership will support ABSG’s mission to build an international SportsTech center and ecosystem with global influence, serving the development of sports innovation in China and the rest of the world.
“ABSG as China's first and only Globalized SportsTech Ecosystem, it's our great pleasure to form this alliance with SportBoost. Synergizing with SportBoost’s unique background, superb programs and excellent expertise, we trust this partnership will bring special values to China, Spain and Global SportsTech Markets and to all relevant stakeholders.”, states Mike Yang, Founder and CEO of ABSG.
The two parties will collaborate in various areas, such as helping SportsTech startups to explore business/investment opportunities in each other’s markets, supporting each others’ events, business projects cooperations, etc.
David Hernando, Head of Strategy of SportBoost, said: “This partnership keeps boosting the idea of being aligned with the best partners all around the world. Asian market is key important for us, and there is no better way than partnering with ABSG to keep promoting sportstech in the region. Moreover, we will have dealflow from both sides to connect the European and Asian Market, great projects coming ahead!”
ABSG was selected as a top SportsTech innovation platform in Asia-Pacific and the only representative Ecosystem from China in SportsTechX’s industry report (2021 and 2022). In addition, ABSG platform has success track record of bring world’s biggest sports brand’s IP to China and Asia Markets; attain many top-notch business opportunities and served many world-class projects, such as 2022 Beijing Winter Olympics, major SportsTech projects from central government and provincial governments, elite athletes teams, supports and organizes International events with world-class partners, also building impactful Global SportsTech Centers and Clusters that provide much values with major cities in China.
SportBoost is the international accelerator of sportstech. Supports, accelerates and co-invest in startups that are directly linked to sports and technology with the aim of turning them into leading companies in their sectors. It makes the sports ecosystem available to them, accompanies them in their development as companies and attracts the necessary investment for their development of innovation and digitalization as part of the innovative process.
LaLiga, main partner, Wayra (Telefonica), co-investment partner and ESIC Business & Marketing School, academic entrepreneurship partner, accompany SportBoost in the search for and support of leading startups in the Sports-Tech sector. More information available at https://en.sportboost.es/