Plug and play launches $25.5M Supply Chain fund

Plug and Play

Plug and Play’s Supply Chain Innovation Platform closed the Plug and Play Supply Chain Fund I, L.P., a $25.5m venture capital fund focusing on investments across the end-to-end supply chain.

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.

Led by Mike Zayonc, Founder of Plug and Play Supply Chain, the fund is supported by top-tier Limited Partners such as the anchor Limited Partner RZC Investments, an investment firm founded by Steuart Walton and Tom Walton, the grandsons of the founder of Walmart, Sam Walton. It will invest in startups in the Series A-C stage that are disrupting the supply chain and are gaining traction. The investment focus areas of the program will follow the same lines, including warehouse automation, last-mile delivery and sustainability in the supply chains, blockchain for supply chains, computer vision and manufacturing technology.

Plug and Play will have the opportunity to make a greater impact on its startups and help them scale. The vehicle 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.

Plug and Play made several notable investments in supply chain management through its Plug and play fund, such as Einride and Rappi. Plug and Play hopes to make 25 additional investments via this fund in the next two years. Plug and Play is contributing approximately 10% of this fund’s capital, demonstrating our belief in this fund’s positive impact and future success.

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