Tech Company Financing Transactions

Plug Funding Round

On 4/8/2025, Plug announced $6.7 million in Seed funding from A* Capital, Autotech Ventures and Floodgate Fund.

Transaction Overview

Company Name
Announced On
4/8/2025
Transaction Type
Venture Equity
Amount
$6,700,000
Round
Seed
Investors

A* Capital (Lead Investor)

Autotech Ventures (Lead Investor) (Burak Cendek)

Floodgate Fund (Lead Investor) (Ann Miura-Ko)

Cleo Capital

private investors (John Kett)

private investors (Simon Rothman)

private investors (Yossi Levi)

Leap Forward Ventures

Toba Capital

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
Consumer
Mailing Address
Undisclosed
Culver City, CA 90232
USA
Phone
Undisclosed
Email Address
Overview
Plug is an online auction that facilitates wholesale buying and selling of used EVs among a network of dealers and fleet operators.
Profile
Plug LinkedIn Company Profile
Social Media
Plug Company Twitter Account
Company News
Plug News
Facebook
Plug on Facebook
YouTube
Plug on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jimmy Douglas
  Jimmy Douglas LinkedIn Profile  Jimmy Douglas Twitter Account  Jimmy Douglas News  Jimmy Douglas on Facebook


 

 

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We do our best to report on every notable VC transaction. VC transactions reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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