The Premier Lacrosse League raised a new round of capital as it looks to make the leap to the mainstream U.S. sports audience.
The Series D round was led by existing investor The Chernin Group and included some heavy hitters in the sports landscape:
The size of the round was not disclosed, but league owners Paul and Mike Rabil told Bloomberg that it doubled the valuation of the league from its June 2021 funding. Arctos led that round with participation from Tsai and New England Patriots owner Robert Kraft.
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