Bloomberg has backed Unshackled Ventures, which facilitates the launch of companies by migrants and immigrants in the US, helping it reach a $20m close for its second fund.

US-based venture capital firm Unshackled Ventures has raised $20m for its second fund from limited partners (LPs) including Bloomberg Beta, media company Bloomberg’s data-focused investment arm. AME Cloud Ventures, the investment vehicle of internet company Yahoo co-founder Jerry Yang; social impact organisation Emerson Collective and Brad Feld, managing director and co-founder of VC firm Foundry…

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