NEW YORK, Aug. 22, 2023 /PRNewswire/ — Novig, a high-frequency, commission-free sports betting exchange, announced today that it has completed a seed funding round totaling $6.4 million from a group of prominent investors ahead of its launch in Colorado. Funding was led by Lux Capital with participation from Y Combinator, Paul Graham, Joe Montana, Soma Capital, Innospark Ventures, Rebel Fund, Bayhouse Capital, Arash Ferdowsi (Dropbox), Austen Allred, Alan Rutledge, Ravi Sheth, Archon Capital, Palm Drive Capital, TRAC, True Culture Fund, CapitalX, and many others.

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