Playground Global, LLC is a venture capital firm established in 2015 and located in Palo Alto, CA, which focuses on early-stage deep tech investments.
[1][2][3] Playground Global is an early-stage venture capital firm that invests across next gen compute, automation, energy transition and decarbonization and engineered biology.
[12] His career includes developing a widely used video codec, building a popular IPTV platform at Microsoft, and working on cloud intelligence for automotive at CloudCar.
[38][39] Playground Global has raised $1.2 billion across three funds,[14] starting with $300 million in 2015 from its limited partners including Google, HP, Foxconn, Redpoint Ventures, Seagate Technology and Tencent, among others.
[41] In June 2015, Playground Global was part of a $20.5 million series A funding round for Nervana Systems, an AI software company acquired by Intel in 2016.
[43][44] In December 2017, Playground Global led a seed round of $5.7 million for FarmWise to commercialize its automated weeding robot and to continue building autonomous systems which can harvest food for farmers.
[47] In March 2018, Playground Global led a $35 million funding round for Relativity Space, a startup that develops small launch vehicles with the use of 3-D printing technologies.
[51] During her tenure, she spearheaded the company's transition from consumer to enterprise focus, oversaw its restructuring and recapitalization, and introduced Magic Leap 2, a leading AR headset designed for business applications.
[52] Before joining Magic Leap, Peggy spent six years at Microsoft as Executive Vice President of Business Development, reporting directly to CEO Satya Nadella.
[50] Prior to her time at Microsoft, Peggy spent 24 years at Qualcomm, where she served on the Executive Committee and held various leadership roles spanning marketing, sales, engineering, and business development.
[50] Since 2017, investing through its $500 million second fund, Playground has backed life sciences companies to apply technology in areas such as engineering biological systems.