Plug and Play’s Supply Chain Innovation Platform is excited to announce the closing of Plug and Play Supply Chain Fund I, L.P., a $25.5 million venture capital fund focusing on investments across the end-to-end supply chain. The Plug and Play Supply Chain Fund will focus on investing in Series A-C startups that are disrupting and receiving great traction in the supply chain industry.
The Plug and Play Supply Chain Fund compliments Plug and Play’s Supply Chain accelerator, which started in 2017 at Plug and Play’s global headquarters in Silicon Valley, and which expanded in 2019 into Bentonville, Arkansas with many industry-leading partners. With this fund, Plug and Play will be able to further impact its startups and help them to scale. The Plug and Play Supply Chain Fund will support the growing startup ecosystem in Northwest Arkansas and continue to bring global leaders from the supply chain venture capital ecosystem to Bentonville, Arkansas.
“Historically we’ve been successfully investing from our family office in pre-seed and seed-stage startups, but now with this new fund, we will also be able to invest in Series A, B, and C startups,” said Mike Zayonc, Founder of Plug and Play Supply Chain and Partner of Plug and Play’s Supply Chain Fund. “This is an enormous opportunity for us to invest in global startups going through our Supply Chain innovation programs currently operating in Arkansas, Silicon Valley, Hamburg, Savannah, and Toronto. Many of the best startups that go through our program are at the later growth stages as they can successfully scale to the demands of our large Fortune 500 Supply Chain partners.”