Sharp Alpha's Bold Investment in Poolhouse

In an exciting development for the entertainment industry, DLA Piper has successfully guided Sharp Alpha, a leading venture capital firm focused on the games and entertainment sector, in securing a whopping $34 million in seed funding for Poolhouse—a groundbreaking tech-driven pool entertainment business.

Transforming the Game of Pool

Poolhouse, co-founded by Steve and Dave Jolliffe, the visionary creators behind the famed TopGolf franchise, aims to revolutionize the way people enjoy pool. This innovative venture will merge cutting-edge technology with an electrifying Las Vegas-inspired atmosphere, inviting players of all skill levels to engage with an exciting array of interactive pool games.

A Strategic Launch in London

The first Poolhouse venue is set to debut near central London's bustling Liverpool Street Station, marking a strategic entry into the market. With ambitious plans to license its proprietary technology to hospitality operators globally, Poolhouse looks poised for explosive growth and expansion.

Star-Studded Investment Round

Joining Sharp Alpha in this investment round are notable backers including DMG Ventures, Active Partners, and sports mogul David Blitzer, owner of the Philadelphia 76ers and New Jersey Devils. They are also joined by Simon Sports, co-owner of Ipswich Town FC, further underscoring the excitement surrounding this venture.

A Vision of Innovation and Growth

Leading this significant deal from DLA Piper’s London office, Corporate partner Alexander Kolmakov expressed optimism about the future: "This substantial investment showcases strong market confidence in Poolhouse's vision and operational capabilities. We are excited to witness their growth as they embark on this innovative journey."