Plug and Play Tech Center

Plug and Play Tech Center (or "Plug and Play") is the world's largest early stage investor, accelerator, and corporate innovation platform with global headquarters in Sunnyvale, California in the Silicon Valley.

Plug and Play Tech Center
TypeVenture Capital Firm, Startup Accelerator, and Corporate Innovation Consultancy
FoundedFebruary 2006 (2006-02)
FounderSaeed Amidi
Headquarters440 N Wolfe Road,
Sunnyvale, California
,
U.S.
Number of locations
Sunnyvale, CA, USA
Cleveland, OH, USA
New York, NYC, USA
Los Angeles, CA, USA
Berlin, Germany
Hamburg, Germany
Stuttgart, Germany
Munich, Germany
Frankfurt, Germany
Paris, France
Amsterdam, The Netherlands
Valencia, Spain
Guadalajara, Mexico
Tokyo, Japan
Kyoto, Japan
Beijing, China
Shanghai, China
Xi'an, China
Shenzhen, China
Suzhou, China
Zhengzhou, China
Singapore
Jakarta, Indonesia
Key people
Saeed Amidi (Founder & CEO)
Websiteplugandplaytechcenter.com

Plug and Play runs two programs per year in each industry and location (totaling 50 accelerator programs per year) and has over 500 corporate partners and 200 venture capitalists in its ecosystem.[1] It was recently named the 'Most active Silicon Valley venture capital firm' by Silicon Valley Business Journal.[2]

Plug and Play were early investors in Google, PayPal, Dropbox, LendingClub, N26, Soundhound, Honey, Kustomer, and Guardant Health.

According to Plug and Play's 2020 report, the company accelerated 2,065 startups in 2020 (585 in USA, 438 in EMEA, and 1,042 in Asia). The company claims to have made 162 investments in 2020.[3]

Plug and Play announced the establishment of its first India centre at Hyderabad, Telangana in December 2021.[4][5]

The industries the company focuses on include:

  • Agtech
  • Animal Health
  • Brand & Retail
  • Energy
  • Enterprise Tech
  • Financial Technologies (Fintech)
  • Food & Beverage
  • Health
  • Industrial Safety Technology (Safetytech)
  • Insurance Technologies (Insurtech)
  • Internet of Things
  • Mobility
  • New Materials & Packaging
  • Real Estate Tech (Proptech)
  • Smart Cities
  • Supply Chain & Logistics (Logtech)
  • Sustainability
  • Travel & Hospitality

The founder is Saeed Amidi.[6]

The company has offices in over 30 locations including Sunnyvale, Berlin, Stuttgart, Paris, Munich, Frankfurt, Abu Dhabi, Amsterdam, Guadalajara, Beijing, Shanghai, Tokyo, Kyoto, São Paulo, Singapore, Valencia, Spain, Cleveland, and others.[6]

Plug and Play partners with corporations and exposes them to the Silicon Valley startup culture and to the startups themselves.[6]

Plug and Play CEO Saeed Amidi company has raised $70.0M, hit $580.8M in revenues. ...

References
  1. "Income& Selected For Plug and Play Fintech Accelerator Program". Crowdfund Insider. 11 August 2017. Retrieved 2017-08-15.
  2. "Most active Silicon Valley venture capital firms". Silicon Valley Business Journal. Retrieved 2017-09-14.
  3. "Plug and Play 2020 Company Report".
  4. "Innovation platform Plug and Play Tech Centre to set up its first India centre in Hyderabad - The Financial Express". Financial Express. 30 October 2021. Retrieved 30 October 2021.
  5. Kumar, N. Ravi (30 October 2021). "Innovation platform Plug and Play chooses Hyderabad for India foray". The Hindu. Retrieved 30 October 2021.
  6. "Plug and Play launches 9 new accelerator programs". TechCrunch. Retrieved 2017-08-15.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.