GV spinout Plexo Capital closes $42.5 million fund – TechCrunch
Plexo Capital, the fund founded by former GV Partner Lo Toney, has closed its first fund of $42.5 million. The plan is to invest in both startups and emerging VC funds, with 60% to 65% of the capital going toward venture capital funds as a limited partner, and 35% to 40% going directly to startups,…