INSUBCONTINENT EXCLUSIVE:
Sapphire Ventures, the former corporate venture arm of SAP, has raised $1.4 billion for growth investments, including a $150 million
opportunity fund to support larger deals.The firm, which focuses primarily on enterprise tech companies in the U.S., Europe and Israel,
writes checks to Series B through pre-IPO businesses
Its portfolio includes 23andMe, Sumo Logic and TransferWise.The new funds brings Sapphire Ventures, which became independent from the
German software company SAP in 2011, assets under management to north of $4 billion
Sapphire Ventures president and co-founder Jai Das (pictured) tells TechCrunch
lassoed $115 million from new limited partners to invest at the intersection of tech, sports, media and entertainment
Sapphire Sport has ties to the sports industry, from City Football Group, which owns English Premier League team Manchester City, to Adidas,
We are innovating on the model by adding value-add LPs and trying to align our whole model of services to the target companies to serve them
