AAA Beldy steams into $42m fund

Beldy steams into $42m fund

Ex-Disney Steamboat partner Dan Beldy’s new VC firm, Powerplant Ventures, has raised $42m for a new fund that aims to invest in emerging plant-centric companies.

Beldy, pictured, emailed to say there were “no corporates in this first fund but have a few we are close with”.

Separately, Jennifer Yan, who spent more than eight years as a partner of Steamboats Ventures China, left last month to become a venture partner at real estate-focused Cross-border Investments, according to her LinkedIn profile.

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