By Steve Lackmeyer, The Oklahoman
Read the full story on the Oklahoman.com.
NBA star Russell Westbrook, already an investor in a sports and entertainment business being built up by Christian Kanady, is now part of a fund backing the pharmaceutical startup Wheeler Bio.
The company, founded by Kanady, announced the closing of a $35 million Series A-1 financing round led by Alloy Therapeutics and Echo Investment Capital, with participation from Russell Westbrook Enterprises, Mitsubishi Corporation and Germin8 Ventures.
The undisclosed investment by Westbrook in Wheeler Bio is in addition to an “eight-figure” deal (at least $10 million) announced in November with the sports and entertainment division of Echo that coincided with Kanady buying a majority interest in the Energy FC and announcing plans to start a women’s soccer team.