Bloomberg Beta’s Raises M Fund For “The Future Of Work”

Bloomberg Beta has raised its second $75 million fund to be dedicated – like its predecessor – to seed funding for start-ups. The two funds will not have identical interests, however – the new fund is geared more toward machine learning start-ups, which is a relatively new area of interest for the firm.  Thematically, the new fund is dedicated to “the future of work.” “The idea was, take the Bloomberg ideas and apply them to a VC fund,” partner Roy Bahat said. “Have a very customer service-centric focus, build trust by being as transparent as possible, that was always the intent. The logic was, how do you describe the full range of issues Bloomberg touches. It’s basically how business is done across the board.” Since launching, Bloomberg Beta has done over 60 deals…


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