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Reuters owner launches $100 million venture capital fund It w | Venture Capital

Reuters owner launches $100 million venture capital fund

It will invest in business processes automation startups

Thomson Reuters wants to support innovations provided by early stage companies that, as well as his own business, serve professional audiences in the legal, tax and accounting, and news media business.

The Fund intends to support 15-20 companies in the next three years investing from $2 million to $10 million in each of them.

The fund will pay special attention to supporting the startups that use AI and machine learning to automate business processes and provide customer service.