Eric Zhu, 18, secured $10 million in investments for his nine-month-old startup, Sperm Racing, now valued at $75 million. The company hosts competitive events where men’s sperm samples race on microscopic tracks while crowds watch enhanced video feeds. Zhu’s first Los Angeles event in April cost $1.5 million to produce and generated 450 million video views. James Parillo from Figment Capital called it “the perfect blend of entertainment and health.” The startup faced criticism when reports revealed early races were prerecorded with predetermined winners. Zhu acknowledged the initial crude system but says the company now uses real-time feeds with enhanced graphics. He plans to expand nationally through college partnerships with Total Frat Move and develop sperm-themed merchandise including “Sperm Worms” vitamin supplements. (Story URL)
