The Bloomberg-sponsored VC firm has closed its second $75m fund, three years after its first, and will continue to target startups focusing on the future of work.
US-based venture capital firm Bloomberg Beta closed its second fund at $75m yesterday, securing the funding by its sponsor and sole limited partner, media group Bloomberg.
Bloomberg Beta’s target space is “the future of work,” and it is especially interested in machine intelligence. It runs offices in San Francisco and New York and in contrast to many other corporate venturing units, it operates as a pure-profit fund rather than a strategic investor.
Bloomberg Beta closed its first fund, also…
