Nike was part of a round representing the women’s basketball league’s first external funding as it looks to close the gap with the richer men's leagues.

US-based professional women’s basketball league the Women’s National Basketball Association (WNBA), has raised $75m from investors including sports apparel brand Nike, helping expand funding for a sport where coverage and sponsorship are lacking. The round was filled out by private investors including Condoleezza Rice, Michael and Susan Dell, Pau Gasol, Swin Cash, Baron Davis, Mark…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.