Women’s Basketball League Unrivaled Raises More Than $100 Million From Carmelo Anthony, Ashton Kutcher, Alex Morgan, University of California Fund and More

Unrivaled, the women’s three-on-three basketball league, announced that its Series C fundraise has surpassed an initial $100 million target and is now oversubscribed — valuing the league at $650 million. The funding round was led by Ten Pillars Sports Fund, backed by UC Investments, which manages the University of Cali

Professional three-on-three women’s basketball league Unrivaled is headed into its third season with a serious infusion of cash. The two-year-old league on Wednesday announced the completion of its Series C funding round, which brought in more than $100 million and values the organization at $650 million—nearly double