FinTech news in catherine category

Bloomberg Beta announced its fourth $75 million fund and also a new $75 million opportunity fund for later-stage checks into startups the firm has already backed. Over at Golden Section, a Houston-based founder studio and venture capital firm, the firm completed the first closing of its second fund in May, but did not disclose the amount. Haris Khurshid, general partner at Chalo Ventures, launched a $50 million second fund focused on investing in Pakistani startups and a smaller percentage in Latin American startups. He did say that LPs wanted to know how the firm would navigate investment in that market, which required the firm to do a bit of educating on why Pakistan needed a focused fund.