Platform Builders Expand Control Across Sports and Food Infrastructure
Teamworks brings hockey analytics in-house, while Elevate Farms scales indoor agriculture through acquisition
Teamworks Deepens Sports Data Push with Acquisition of Hockey Analytics Platform Sportlogiq
Teamworks, the self-proclaimed “operating system for sports,” has acquired Montréal-based hockey analytics platform Sportlogiq for an undisclosed amount, adding one of the most widely used data providers in professional hockey to its platform. Sportlogiq says its AI-powered analytics are used by 97 percent of NHL teams and more than 220 clients worldwide across professional leagues, national federations, and collegiate programs.
Founded in 2015 by former Canadian Olympic figure skater Craig Buntin and CTO Mehrsan Javan, Sportlogiq has become ubiquitous across hockey, from offices and to broadcast booths, for its gameplay tracking and analysis powered by computer vision and machine learning. Its player tracking and event data have already been feeding for Teamworks’ Intelligence models, and the acquisition brings that capability in-house.
Teamworks said the deal strengthens its hockey offering by combining Sportlogiq’s video and data infrastructure with its own predictive intelligence models. Founder and CEO Zach Maurides said the combined platform will “deliver a complete data and analytics platform for talent evaluation, game preparation, and player development,” allowing teams to move from video to advanced insights with “just a click.” Sportlogiq CEO Mitchell Wasserman said the company was built by “athletes and data scientists who understand how elite teams operate,” and that joining Teamworks will expand its capabilities.
As part of the acquisition, Sportlogiq’s roughly 80 employees, including 10 AI researchers with more than 180 published research papers and patents, will join Teamworks, significantly expanding its AI, computer vision, and data science expertise.
It’s important to view this transaction in the broader context of private equity’s growing presence in lucrative sports markets. Last week, KKR & Co acquired sports investment firm Arctos Sports Partners in a $1.4 billion deal, underscoring how investors increasingly view sports as a technology-enabled, long-term asset class.
Elevate Farms Acquires Fieldless Farms to Build Canadian Indoor Agriculture Platform
Toronto-based Elevate Farms has acquired Ottawa-based Fieldless Farms, bringing together two Canadian startups focused on year-round leafy green production through indoor farming technologies. The transaction, which closed on Jan. 23 for an undisclosed amount, is aimed at creating a more “resilient domestic food supply” that supports Canadian food sovereignty while positioning Canadian agricultural innovation for international markets.
Founded in 2019, Fieldless Farms grows leafy greens using controlled environment agriculture (CEA), enabling year-round production while limiting exposure to environmental contaminants. Elevate Farms operates a similar indoor farming model that uses hydroponics, automation, and photobiology in climate-controlled facilities. Fieldless has raised more than $20 million to date, including over $2 million through a FrontFundr campaign launched last year, while Elevate has raised more than $25 million and says it has projects underway in the United States, Switzerland, and the United Arab Emirates.
By combining operations, Elevate and Fieldless are positioning indoor farming as a scalable, technology-driven component of Canada’s food supply, leveraging controlled environment technology to deliver more predictable yields and input costs than traditional agriculture.
For investors, the consolidation signals a bet on indoor farming as a platform model. It can be replicated across geographies, leverages operational data at scale, and serves as a hedge against supply chain volatility driven by climate and geopolitical risk.
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