EmergeVest Makes Strategic Investment in Sports Data Labs
Financing from the Hong Kong-headquartered investment group and parent of leading global logistics-technology company EV Cargo to fuel wellness & insurance-focused alliances in the logistics sector
DETROIT–(BUSINESS WIRE)–February 1, 2021–
Sports Data Labs, Inc. (SD Labs), an award-winning leader in collection, analysis and distribution of real-time Human Data from on-body sensors and sensing systems in professional sports and digital health, announced today that it has received new investment from EmergeVest, a Hong Kong-headquartered, growth-oriented investment group with holdings that include EV Cargo, a leading global logistics-technology company and the largest private logistics company in the UK. As part of the investment, the companies will explore remote health and wellness-focused collaborations in the logistics and insurance sectors.
With more than $500 million in assets under management, EmergeVest’s current portfolio includes businesses that generate more than $1 billion of revenue annually, employing 10,000 colleagues across the globe. EmergeVest focuses on
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