League One Volleyball raised $100 million to bring the total capital count to $160 million weeks before the new professional women's volleyball league begins play Jan. 8.
Volleyball - CEV European Golden League - Women Final Phase - Spain v Czech Republic - Ruse Arena, Ruse, Bulgaria - June 20, 2021 Spain's Lucia Varela Gomez in action with Czech Republic's Pavlina Simanova REUTERS/Stoyan Nenov/ File PhotoLeague One Volleyball raised $100 million to bring the total capital count to $160 million weeks before the new professional women's volleyball league begins play Jan. 8.
"The new investment will continue to fuel LOVB's mission to transform volleyball from the grassroots to the professional level, while supporting the much-anticipated launch of LOVB Pro's inaugural season set to begin in January 2025," LOVB said in a statement. "We are launching a movement that can sustain a pro league," said co-founder and CEO Katlyn Gao in a USA Today interview."Being connected to grassroots has always been our strategy, and this is just another signal that we're doing something right."
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