CapitalG co-founder introduces $175M early-stage venture fund

Valo Ventures, a new firm focused on social, economic and environmental megatrends, has closed on $175 million for its debut venture capital fund.
The effort is led by Scott Tierney,a co-founder of Alphabet’sgrowth investing unit CapitalG,as well as Mona ElNaggar, a former managing director of TIFF Investment Management and Julia Brady, who previously worked as a director at The Via Agency, a communications workshop.
“Googleis like being a kid in a candy store,” Tierney tells T