NBA champion Kevin Love joins Sydney VC to back US expansion
NBA champion Kevin Love joined Athletic Ventures as a venture partner to help Australian founders reach the US market.
Kevin Love, now playing for the Utah Jazz, has joined Athletic Ventures as a venture partner. The VC fund is based in Sydney.
Love reconnected with fellow 2016 champion Dellavedova at their 10-year reunion and became interested in the fund's mission. Love will help Athletic Ventures' portfolio companies expand into the US market.
He will also build an investor network among American athletes. Athletic Ventures now has over 500 athletes from 26 sports in its community.
Its first fund of $35 million has backed companies including Guzman y Gomez, Hnry, and Splose. Love brings 18 years of NBA experience and connections across sport and business.
- $35 million
- Fund size
- 500 from 26 sports
- Athlete community
- 2016
- Championship year
- 18 years
- NBA experience
Why it mattersElite athlete backing attracts other wealthy sports figures to invest in Australian startups. This expands funding for founders wanting to grow in the US.
AustraliaAustralian startups backed by Athletic Ventures gain direct access to an NBA champion's network to accelerate expansion into the US market.
