Financial Times launches venture arm, invests in Charter


The Financial Times has launched a new venture arm to invest in high-growth media and tech companies, executives told Axios, and FT Ventures' first investment is in Charter, a future-of-work media startup.

Why it matters: The separate investment arm lets the FT explore strategic investments in smaller, high-growth startups that wouldn't make sense for the broader FT Group.

Catch up quick: The FT Group is a subsidiary of the Japanese holding company Nikkei and includes the Financial Times, a group of specialized media and data services companies, and a few joint ventures.

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