Acadian Ventures has closed its $30 million Fund II, which will be used to invest in the next generation of work technologies. The fund is anchored by limited partners such as ServiceNow Ventures and Connecticut Innovations, and has already made 12 investments. Acadian Ventures focuses on four core themes: intelligent work applications, work infrastructure, new regulatory and compliance, and the emerging global workforce. The firm aims to invest in companies that are transforming work by leveraging technology to make people’s working lives simpler and more productive. Acadian Ventures Fund I is currently ranked as a top decile fund, with investments in companies such as Oyster, Nomi Health, SmartRecruiters, and Techwolf. The firm was founded in 2019 and is led by general partners Jason Corsello and Thomas Otter.
Investing $30 Million: Acadian Ventures Spearheads Future Work Technologies
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