Sports betting

Sportradar valued at £1.8bn after new US-focused investment

Data company announces new deal with Canadian pension fund and Silicon Valley investor 

Sportradar has announced new investments from two strategic partners in a deal that values the data company at £1.8bn. The investment comes from Canada Pension Plan Investment Board (CPPIB) and Silicon Valley-based growth equity firm TCV, with the deal expected to close in Q4. Sportradar CEO Carsten Koerl said the new cash would be used for its…

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