Unrivaled’s $28 Million Funding Round: Warner Bros Discovery Inc and Under Armour Inc Rally Behind Women’s Basketball
Unrivaled’s Historic Funding Round
Unrivaled, a startup basketball league making waves in women's sports, announced the successful completion of its Series A funding round, raising an impressive $28 million. Major players in business, including Warner Bros Discovery Inc and Under Armour Inc, have stepped in as significant investors, showcasing a robust interest in women's basketball and heralding potential growth in the sports industry.
Key Investors and Their Impact
The recent funding has attracted a star-studded investor lineup that includes notable athletic figures like Caitlin Clark, Giannis Antetokounmpo, and Michael Phelps. This indicates not only a financial stake in Unrivaled but also a commitment to elevating the profile of women's sports.
- Breanna Stewart and Napheesa Collier are also influential advocates.
- This funding signals a turning point for business in sports.
Looking Ahead: The Inaugural Season
As Unrivaled prepares for its inaugural season, the influx of funds and support from respected figures in basketball and business will play a crucial role in establishing a solid foundation. The involvement of ambitious personalities like Alex Bazzell and Alex Morgan could further amplify the league's outreach and success.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.