A rendering of a Batting Bay at Home Run Dugout. | Image courtesy of Alex Montoya.
The eatertainment world is showing signs of trouble, and yet new concepts keep launching. And, at least for now, investors keep investing in them.
Home Run Dugout, an Austin, Texas-based eatertainment concept with an indoor soft-toss baseball theme, on Monday announced a $22.5 million Series A funding round led by Lagniappe Capital Partners, which is also a minority investor in the growing golf-themed concept Puttshack.
The funding will support Home Run Dugout’s plans for growth, including new locations coming to San Antonio and Scottsdale, Arizona—the latter being the concept’s first outside Texas. The concept’s location in Houston is also being expanded, and the company is planning to hire key executives, pursue licensing and other new locations.
Co-founded by Nick Hermandorfer and Tyler…
