Flex office space operator Workbox started its new VC arm, Workbox Ventures, that will focus on the "future of work," according to a press release.

"The firm seeks to grow this fund at a time when businesses are faced with the reality that pre-pandemic processes, tools, and traditions are unlikely to return in their prior form," the release said. "Businesses must learn to empower their teams, achieve strong financial performance, and provide the right physical resources to their teams within the framework of new expectations from employees, partners, and clients."

Workbox is making best on the future of how companies will conduct work and use office space that employees may not want to check into on a daily basis. A venture capital arm opens the potential for backing companies that could develop software to better enable changes that would ultimately support Workbox's major strategy. Or, if trends don't move in that direction, perhaps provide a hedge and foot in the door of what will happen.