UC Investments-backed sports media company SpringHill was valued at $725m in a round that included the university and several corporates.

SpringHill, a US-based sports entertainment studio, has raised a “significant” amount of money from investors including University of California’s UC Investments vehicle at a $725m valuation, according to Forbes. Sports equipment producer Nike, computer game producer Epic Games and sports team owner Fenway Sports Group (FSG) also joined investment firm and FSG affiliate RedBird Capital…

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