Saudi Fund Invests $40 Million in Moritz-Backed Triathlon Series

Saudi Arabia's Public Investment Fund sports arm, SURJ, has invested $40 million in the T100 Triathlon Tour organizers, aiming to expand the series globally. The funding round, backed by Moritz, will help boost the presence and growth of the triathlon series.

  • Saudi Arabia’s Public Investment Fund sports arm, SURJ, has invested $40 million in the T100 Triathlon Tour organizers, aiming to expand the series globally.
  • The funding round, backed by Moritz, will help boost the presence and growth of the triathlon series.

[Via]

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