Puttshack, a Chicago, IL-based provider of an upscale tech-infused mini golf experience with global food and beverage, raised $150M in Growth funding.
The round was led by BlackRock with participation from Promethean Investments.
The company intends to use the funds for growth strategy in the United States, bringing its experience to more cities across the nation.
Led by CEO Logan Powell, Puttshack combines a tech-infused mini golf game with food and beverage offering. Its patented trackaball technology is integrated throughout the entire game, including automated scoring, bonus points opportunities, interactive games at each hole and more.
The company first introduced its tech-driven mini golf game in 2018 with the opening of its first location in London. Currently, Puttshack has two locations in the U.S. and four in the U.K. New venues in Boston and Miami are scheduled to open in fall 2022, followed by one in St. Louis this winter. Additional locations in Dallas, Denver, Houston, Nashville, Philadelphia, Pittsburgh, and Scottsdale, plus a second location in Atlanta, are all anticipated to open in 2023, with other U.S. locations to be announced very soon.
FinSMEs
12/10/2022