Plexo Capital, a San Francisco, CA-based venture capital firm investing both in emerging VC funds and in early stage companies around the world, closed on a $42.5m fund.
Investors include Alphabet, the parent company of Google; Intel Capital; Cisco Investments; the Royal Bank of Canada; Kapor Capital; the Hampton University Endowment; and the Ford Foundation.
The fund will enable Plexo to continue investing directly both in emerging VC funds and early stage companies supporting them by cultivating a network of world class experts to drive growth in product, design, brand, UX, and customer acquisition.
Led by Lo Toney, Founding Managing Partner and a former GV partner, Plexo Capital is a full stack investment firm which invests as a Limited Partner in emerging early stage venture capital fund managers and as a VC in early stage venture backed companies.
Plexo was incubated inside GV (formerly known as Google Ventures), as part of GV’s strategy to foster diversity in venture capital before spinning out as an independent firm.
FinSMEs
05/12/2019