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Verance Capital

  • Surj leads £30m investment in T100 to bolster Saudi Olympic ambitions

    Sport Business

    Saudi Arabia’s Surj Sports Investment has backed T100 to be the “growth engine” for triathlon after leading a £30m funding round in its parent organisation, the PTO. Surj, an arm of the Public Investment Fund (PIF) with stakes in Dazn, the Professional Fighters League and Kings League, was the biggest backer of the PTO in [...]

    T100 backer Sir Michael Moritz, PTO chair Chris Kermode and Surj CEO Danny Townsend mark the Series C funding round

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