Former Milwaukee Bucks star and Olympic gold medalist Michael Redd has joined the Advantage Sports Tech Fund as a venture partner. The Fund invests in young tech companies aspiring to shape the future of sports. According to the press release, Redd will be based in Columbus, Ohio and cover “technologies at the intersection of sports and data, with a focus on the convergence of wellness and athletics.” He’ll aim to find companies with technologies and data that can help prolong playing careers and much more.
“I’m humbled to join the ADvantage team and excited to be joining Jeremy, Christoph, and Alex investing in the best teams pioneering sports technologies globally,” Redd said, per the press release. “I was blessed throughout my career to tour the world and specifically with Team USA gained exposure to how different cultures form their own sports and technology ecosystems with unique strengths. That’s why I’m excited to join the first team that’s actively sourcing ideas and talent from ecosystems around the world to advance our industry.”
“We’re thrilled to welcome Michael to the ADvantage family,” added Jeremy Pressman, Partner at ADvantage. “Through his athletic achievements and experience over the last six years in venture investing, Michael has built an extensive global network and deep expertise in the business of sports and technology. We’re excited to be working with him to identify and build out the next generation of great sports tech companies that can benefit from his unique perspectives.”
