The Bloomberg-sponsored venture firm, which focuses on the future of work, has put $75m each into a fourth fund and an opportunity fund, and now has $375m under management.
Bloomberg Beta, the early-stage investment firm sponsored by media group Bloomberg, has channelled $150m of capital into two new funds.
The cash will be equally split between a fourth fund for new investments and an Opportunity Fund which will reinvest in existing portfolio companies. The firm now has a total of $375m under management.
Founded in 2013, Bloomberg Beta’s thesis is to invest in ‘the future of work’, an area which can cover cybersecurity, education, media distribution, real estate and…
