At the questionable corner of sports entertainment and male fertility is Sperm Racing, a startup that recently closed a $10m seed round (we will try to resist the low-hanging puns here).
Sperm Racing is, unsurprisingly, the brainchild of an 18-year-old entrepreneur: Eric Zhu. And it’s exactly what it sounds like:
Zhu wants to turn these competitions into full-blown spectacles, involving fanfare like press conferences, weigh-ins, and play-by-play commentary — and he's making headway.
Sperm Racing is currently on a live college tour, and its streams and event recordings rack up hundreds of thousands of views.
Zhu wants to promote a dialogue on male fertility (which has been declining for decades) by gamifying it.
And the company's recent funding round highlights investor interest in the market, projected to grow around 55% to $7.18B by 2034.
The industry is already commanding a lot of VC attention, including companies like:
Ultimately, Sperm Racing exists at the crossroads of a noble cause, a hot market, unique tech, and a sincere appeal to big, dumb fun. Say what you will, but companies like that don't bust on the scene every day.