Franklin Templeton and EvoNexus Create Silicon Valley’s Newest Fintech Incubator Mike Krenn co-founded the organization that became EvoNexus (originally the San Diego Telecom Council/CommNexus) with Rory Moore and retired Vice Admiral Walter Davis, who pivoted the group into the successful incubator/accelerator model that EvoNexus is today, while Krenn focused on the angel investing side that led to NuFund.