Caffeine, which aims to compete with Twitch but focuses on content like rap battles, has raised $113M, led by Fox Corp, Cox Enterprises, and Sanabil Investments (Lucas Shaw/Bloomberg)

Lucas Shaw / Bloomberg:
Caffeine, which aims to compete with Twitch but focuses on content like rap battles, has raised $113M, led by Fox Corp, Cox Enterprises, and Sanabil Investments  —  - Fox, Cox Enterprises among investors leading funding round  — Music competitions have helped attract 2 million users