WeWork backs New York tech clubhouse Betaworks Studios

Betaworks Studios, the brainchild of New York City seed-stage venture capital fund Betaworks, has amassed the support of WeWork, or The We Company, as they now call themselves.

JLL Spark Ventures and the co-working giant have led co-led a $4.4 million investment in the membership-based co-working club described as a supportive community for builders. Betaworks Ventures and BBG Ventures also participated in the funding for Betaworks Studios, which previously raised a pre-seed round led by BBG.

Launched in 2018, Betaworks Studios offers entrepreneurs, artists, engineers and creatives a place to work on projects and accumulate a network, similar to a WeWork hub.

In separate news, Betaworks Ventures today filed to raise a $75 million sophomore fund.

Founded in 2008 by John Borthwick, Betaworks operates an investment [...]  read more

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via Digg https://nyti.ms/2Dvb69Q

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via Digg http://bit.ly/2GjnoWU

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via Digg http://bit.ly/2SIatU8