DraftKings was among the limited partners for the firm's oversubscribed debut fund, as were The Kraft Group, Madison Square Garden Sports and Madison Square Garden Entertainment.
US-headquartered daily fantasy sports operator DraftKings has helped launch the $60m first fund for the corporate venture capital firm it sponsors, Drive by DraftKings.
DraftKings runs an online platform where users can compete against each other in weekly contests where the aim is to pick the best line up for a single round of fixtures, in sports such as football, basketball, American football or golf.
The Kraft Group, the diversified holding group that owns American football franchise the New England…