Sports Tech Investor Revolutionizes VC Due Diligence

Sports industry veteran Craig Thompson has raised $44m for a new sports tech fund called Match Ventures. The fund aims to back 20 companies in the sports tech sector and hopes to close within a year. Match Ventures plans to provide deep due diligence by advising potential startups for six to twelve months before deciding whether to invest. Thompson hopes this longer approach will lead to better investments and more value for the companies they back. Being based in Luxembourg will give them easier access to the many sports tech investment opportunities available outside the US.