Deep Tide TechFlow message. On June 02, according to FINsmes, the sports “Momentum Markets” SpeedLabs announced the completion of a $6.5 million seed round of financing, led by Parlay Capital, with participation from Bullpen Capital, TA Ventures, EdgeEquity, and others. Unlike traditional prediction models, SpeedLabs has built a market engine for real-time sports events that can read live game dynamics and instantly create and price markets based on changes on the field, allowing users to trade in response to shifts in game momentum. The company believes these newly generated real-time sports momentum markets may become the next growth direction for prediction markets.

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