LeBron, McIlroy, Ronaldo in $575m Whoop raise at $10bn valuation Sport Business LeBron James, Rory McIlroy and Cristiano Ronaldo are among a group of athletes part of a $575m raise that values wearable technology firm Whoop at $10.1bn. The Series G funding round, raising over $500m, is led by the likes of the Audi Formula 1 investors Qatar Investment Authority and Saudi Aramco Oil Pipelines stakeholders the [...]
Former F1 champion Nico Rosberg raises $100m for VC fund Sport Business Former Formula 1 world champion Nico Rosberg has raised $100m for his venture capital firm as the German expands his business portfolio. Lewis Hamilton’s ex-teammate saw Rosberg Ventures, for which he is founder, close its third round this month in a process he described as “oversubscribed with unprecedented demand”. It leaves the organisation with more [...]
Padel match booking firm raises £4.5m in major fund raise Sport Business Major padel match booking app Playtomic has raised €5.1m from an investment raise which will see thousands of players become shareholders. The big-money fund raise closed this month with more than 4,600 investors buying into the social padel service to the tune of £4.5m. The fund was organised through private equity market investment platform Crowdcube, [...]
Gloucester Rugby call on fans for investment fund raise October 20, 2025 Gloucester Rugby are set to announce plans for a fan-led fund raise in a bid to “protect the future” of the club. The Cherry and Whites last year added City fund manager Jack Ingles to an investor group that comprises majority owner Martin St Quinton and minority shareholder Tim Griffiths. But the Prem Rugby club [...]