Plug and Play Launches $25.5M Supply Chain Fund

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.”

Read MORE.

 

News

Preloader
  • Arkansas governor appoints husband to lead new outdoor recreation, tourism council

    BSanders t

    Arkansas Gov. Sarah Huckabee Sanders signed an executive order establishing the Natural State Initiative and Natural State Advisory Council, for which Brian Sanders will serve as its chair. Gov. Sanders said the effort will be part of an emphasis in her administration to promote the state’s highly regarded parks, rivers…Read More

  • Game Composites offers job interviews for UA course completion

    Game Composites GB Gamebird aerobatic airplane

    General aviation airplane manufacturer Game Composites in Bentonville is offering guaranteed job interviews to people who complete a course in aerospace composite manufacturing offered by the University of Arkansas Global Campus’ professional and workforce development division.

  • $8 million grant to get trails school going at NWACC

    NW NWACC BOARD ORIG t

    NorthWest Arkansas Community College has received an $8 million grant to establish a program that teaches bicycle trail building and maintenance. Goals of the school include producing a workforce of certified trail technicians, ensuring access to regional bicycle trails and promoting responsible environmental practices. The three-year, $8 million grant comes…Read More

  • U.S. National Mountain Bike Team Training for Olympic Gold in Bentonville

    Bentonville MTB National Team x

    The U.S. National Mountain Bike Team will utilize Bentonville and Northwest Arkansas’ network of trails and gravel for endurance fitness camps as well as skills-development camps leading into the World Cup racing season. In addition to National Team camps, USA Cycling will also host mountain bike and road Junior Talent…Read More

  • Recreation economy highlighted at Axios NWA event

    Screen Shot at AM

    More than 200 people gathered at the Record in Bentonville last Thursday for an Axios event focused on the recreation economy in the Natural State. At the event, Tom Walton, co-founder of holding company Runway Group, alluded to an announcement related to gravel cycling. What's happening: Runway will on Monday…Read More

  • Attracting the talent

    ADG Columnists t

    The Walton brothers appeared last month on a panel with AOL co-founder Steve Case during Gov. Asa Hutchinson's policy forum known as the America Leads summit. The event, held in Bentonville, attracted politicians, business leaders and policy wonks from across the country. As recently as five years ago, the brothers…Read More

  • Walton brothers talk growth in Bentonville

    TS

    As Downtown Bentonville Inc. celebrates its 20th anniversary, some local business leaders talk about Bentonville’s rapid growth. The Walton brothers called the downtown environment in local cities “the beating heart of Northwest Arkansas.”

  • With RZC investment, Loloft planning new location in Rogers

    IR Loloft

    Bentonville-based RZC Investments, the investment platform for Steuart and Tom Walton, grandsons of Walmart founder Sam Walton, has invested an undisclosed amount in commercial real estate startup Loloft in Rogers. Loloft is an acronym for “Local Logistics, Flexible Terms.” The business model operates similarly to a regular co-working concept but…Read More

  • Waltons say investing in Northwest Arkansas is a ‘long-term game’

    city of Bentonville x

    “We want Bentonville to compete in the global arena, and we had to look at our best pitch. … Here, it is logistics and supply chain. We then had to try to perfect that. We also looked at what makes us unique, our natural amenities, and we have invested in…Read More

  • Looking for an escape? Northwest Arkansas is a hidden Southern gem

    AJC OZ

    Whether you’re an avid hiker, biker, climber or trail enthusiast, museum lover or foodie, there’s something to satisfy you in Northwest Arkansas.