LAKE NONA, Fla. ,
July 2,
2024 /PRNewswire/ -- LEAD Sports and Health Tech
Partners (LEAD), a globally renowned sports and health tech
investment corporation, today announced Danny Cortenraede
and InStudio Ventures, an investment group comprised of high
profile European athletes, as its newest General Partner.
Cortenraede, a serial entrepreneur and investor based in
Los Angeles, brings a wealth of
experience and a strong network in the sports, technology, and
media industries to the firm.
"We are thrilled to partner with Danny Cortenraede and InStudio
Ventures," said Christoph Sonnen,
CEO and Co-Founder of LEAD. "Danny's and InStudio Ventures'
impressive track record in building successful companies, driving
innovation at the intersection of sports and media, and investing
in top-tier sports industry deals make them invaluable advisors to
our team at LEAD. We look forward to collaborating with them to
advance our mission."
As part of the investment group, InStudio Ventures &
Cortenraede will join the LEAD shareholder group, leveraging their
extensive background and expertise to further advance the company's
mission of revolutionizing the sports and health technology space.
Cortenraede is a five-time founder, and his entrepreneurial journey
includes founding and managing InStudio Ventures, a venture firm
specializing in emerging sports, technology, and media companies.
Under his leadership, the firm has scaled multiple businesses to
international success. As influential leaders in the sports, health
and venture capital space, Sonnen and Cortenraede reconnected at
Harvard University's Business of
Entertainment, Media, and Sports program, where the plan to join
forces was set in motion.
"I am honored to join LEAD as a General Partner alongside our
investment group of distinguished European athletes," said Danny
Cortenraede. "The opportunity to collaborate with such a
visionary team and contribute to shaping the future of sports and
health technology is incredibly exciting. My personal mission has
always been to champion up-and-coming entrepreneurs, and I'm
looking forward to working together to create significant value and
drive positive impact and innovation across the industry."
Anita Elberse, Lincoln Filene
Professor of Business Administration at Harvard Business School shared, "I'm not at all
surprised that Christoph and Danny found a way to work together to
continue helping young companies and founders grow, as they share a
passion for innovation and entrepreneurship. I was glad to see them
connecting in a meaningful way during the program, and I'm pleased
to see a continued partnership beyond the classroom walls."
Cortenraede & InStudio Venture's presence in Los Angeles will strengthen LEAD's support for
portfolio companies based in the region and support the company's
overall deal flow across the industry. With the upcoming World Cup
(2026) and Olympics (2028), Los Angeles serves as a strategic hub
for sports and technology innovation, offering unparalleled
opportunities for collaboration and growth.
About LEAD Sports and Health Tech Partners
LEAD Sports
and Health Tech Partners is a global venture corporation shaping
the future of sports and health. As institutional investors with an
entrepreneurial mindset, LEAD operates an investment division -
sourcing, funding, and driving the growth of early-stage sports and
health tech startups worldwide - and an innovation services
division - advising organizations on their innovation and
investment initiatives. For more information, visit
www.leadsports.com.
About Danny Cortenraede and InStudio Ventures
Danny
Cortenraede is a distinguished global entrepreneur and investor,
renowned for his pioneering work in the sports, technology, and
media sectors. As the Founder and Managing Partner of InStudio
Ventures, he leads the venture firm dedicated to transforming these
dynamic industries. InStudio Ventures invests in visionary
founders, elite athletes, and innovative sports teams, leveraging
deep industry insights and a vast network to drive ventures to new
heights. Their immersive approach involves working closely with
founding teams, emphasizing customer growth and scalable business
operations. With the combined experience of seasoned entrepreneurs,
savvy investors, and industry specialists, InStudio Ventures is
poised to revolutionize the sports industry. Discover more at
www.instudioventures.com.
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SOURCE LEAD Sports and Health Tech Partners