Plug And Play Closes $50 Million Fintech And AI Fund With Nine Institutional Investors

Plug and Play, founded by Saeed Amidi, is one of the world’s most active early-stage investors and innovation platforms. During its Silicon Valley June Summit 2025, Plug and Play announced the closing of its largest industry-themed fund to date—a $50 million Fintech & AI Fund with nine institutional investors. This fund highlights Plug and Play’s commitment to investing in globally-scaling startups shaping the future of financial services and enterprise. The platform, headquartered in Silicon Valley, offers a dynamic ecosystem of over 550 corporate partners, supporting its portfolio of thousands of startups with pilots, customer acquisition, and revenue growth opportunities. Plug and Play’s legacy includes more than 300 successful exits, having invested in companies like Dropbox and PayPal. AMOUNT: $50,000,000 HQ: #Sunnyvale #California #VentureCapital #PlugandPlay #SaeedAmidi #TradedVC

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Crusoe Secures $3.9 Billion Series F Funding From Multiple Investors At $30.9 Billion ValuationCrusoe has raised $3.9 billion in Series F funding at a $30.9 billion post-money valuation, bringing the AI infrastructure company’s contracted value to more than $140 billion. The Denver-based company is expanding its vertically integrated platform across energy generation, data centers and AI cloud services, with more than 6 GW of gross contracted capacity and 1 GW already delivered and operational. FOUNDERS: Chase Lochmiller & Cully Cavness INVESTORS: Atreides Management, Mubadala Capital, Valor Equity Partners, Founders Fund, GIC, NVIDIA, Qatar Investment Authority (QIA), Radical Ventures & TPG. ROUND: Series F AMOUNT: $3,900,000,000 VALUATION: $30,900,000,000 HQ: Denver, Colorado #VentureCapital #Crusoe #AIInfrastructure #DataCenters #TradedVC