Backed by SAP, Sapphire Ventures closes Fund VI and builds its Sport team.

Sapphire Ventures, a US-based independent venture capital firm backed by software provider SAP, has raised almost $2bn and expanded its sports-focused investment team with the hire of Chloe Steinberg as a partner. In its largest fundraise to-date, the firm said the closings of Sapphire Ventures Fund VI and associated co-investment vehicles took its assets under management…

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