Pro Padel League raises $15 million as investors bet on sport’s U.S. growth

Pro Padel League raises $15 million as investors bet on sport’s U.S. growth

The Pro Padel League has raised $15 million in new funding as it looks to accelerate its next phase of growth in the U.S.

PRO PADEL LEAGUE ANNOUNCES $15 MILLION SERIES A LED BY CHARLOTTE HORNETS CO-CHAIRMAN & GOVERNOR RICK SCHNALL

Funding to Fuel Next Phase of League's Growth Includes Investments from Left Lane Capital and Others

NBA Owner Leads $15 Million Funding Round in Padel League

Charlotte Hornets owner Rick Schnall led a $15 million Series A funding round in the Pro Padel League, the PPL revealed Tuesday morning. Financial details were not disclosed, but the round values the PPL at 10x more than the $10 million seed round a year ago, according to PPL CEO Mike Dorfman. Venture capital firm […]