SpeedLabs Launches with $6.5M to Bring Momentum Markets to Sports
Summary
SpeedLabs raised a $6.5 million seed round led by Parlay Capital with participation from several venture investors. The company is building a real-time market engine for sports that creates and prices new live in-game markets as game moments unfold. SpeedLabs plans to launch Momentum Markets in summer 2026 and will use the funding to expand its team across engineering, machine learning, trading, and growth. The company says it will partner with sportsbooks, prediction markets, and other platforms where fans trade on sports.
Funding
Amount
$6.5M
Total raised
Date
June 1, 2026
Announcement date
Investors
TA Ventures, Bullpen Capital
Lead investors
Company
https://speedlabs.dev
Funded company
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