Plug and Play announces Sustainability Fund I
The new fund builds upon the success of the Plug and Play Sustainability vertical, launched on October 23, 2019.
Plug and Play, the Silicon Valley innovation platform with more than 60 locations across five continents, has a new Nashville-based representative named Stephen Goetz. He’s a two-time founder who told us he relocated to Music City during the COVID-19 pandemic, and now Goetz is seeking to learn as much about the state and the local ecosystems as he can.
We met him not too long before the organization announced the closing of the Plug and Play Sustainability Fund I that focuses on investing in revolutionary start-ups tackling the critical issues of industrial decarbonization, the circular economy, energy transition, and water resilience.
“Plug and Play has a strong history of investing in groundbreaking sustainability start-ups,” says Matthew Claxton, Partner and Co-Founder of Plug and Play Sustainability Vertical and the Plug and Play Sustainability Fund. “We’ve been early backers of impactful companies like Heirloom, Sylvera, and Circulor. The Plug and Play Sustainability Fund allows us to expand our efforts and empower even more startups tackling hard-to-abate sectors.”
The new fund builds upon the success of the Plug and Play Sustainability vertical, launched on October 23, 2019. Now spanning 12 global locations, this program identifies and supports high-impact start-ups creating sustainable solutions. With the launch of the fund, Plug and Play is doubling down on its commitment to sustainability by providing early stage start-ups with the capital they need to scale their impact.
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