Another group of big-name sports figures have invested in Napheesa Collier and Breanna Stewart's 3-on-3 women's basketball league Unrivaled as it aims to build on its promising inaugural season .

The league announced Monday that it is now valued at $340 million after closing its oversubscribed Series B investment round led by Bessemer Venture Partners — a massive figure for the young league that just wrapped up its first season in March, and a reflection of the increasing momentum and interest in women's sports.

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