League One Volleyball raises $100M before launch 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 Photo

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.

LOVB (pronounced 'love') said the new funding from Left Lane Capital, Atwater Capital and Ares Management would help the six-team league launch while bringing further growth to the existing -- and exploding -- foundation that includes 26 states supporting 66 club volleyball locations. A total of more than 16,000 athletes are part of those programs amid the rapid rise in popularity of volleyball and women's sports in general.

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