Plug and Play Tech Center Invests in Top Tech Startups Worldwide

Author

Reads 10.9K

Hand holding keychain with integrated USB flash drive against a plain background.
Credit: pexels.com, Hand holding keychain with integrated USB flash drive against a plain background.

Plug and Play Tech Center is a global innovation platform that invests in top tech startups worldwide. With a presence in over 40 countries, it's no surprise that they're a go-to destination for entrepreneurs and investors alike.

Their accelerator programs are designed to help startups scale quickly, with a focus on industries like fintech, healthtech, and mobility. They've already seen success with companies like Dropbox and PayPal, which were part of their early accelerator programs.

The Tech Center has a strong network of partners and mentors who provide valuable guidance and support to their portfolio companies. This network includes top corporations and venture capital firms that can help startups access new markets and funding opportunities.

Through their investments, Plug and Play aims to create a more sustainable and equitable future for all.

Investments

Plug and Play Tech Center is a hub for innovation, investing in various stages of company growth. They have a significant presence in the seed stage, with 640 investments, making it the most common entry point for startups.

Their investment portfolio is diverse, spanning multiple sectors. Enterprise Applications is a prominent sector, with 434 investments, followed closely by High Tech with 328 investments.

Here's a breakdown of Plug and Play Tech Center's investment stages:

Company Investment Stage

Credit: youtube.com, If You Know Nothing About Venture Capital, Watch This First | Forbes

Plug and Play Tech Center is an active investor in various company stages. They have a significant presence in the seed stage, with 640 investments.

Their investment portfolio also includes Series A, Series B, and Series C stages, with 126, 24, and 8 investments respectively. These stages indicate a focus on companies that are further along in their development.

Angel investments and other categories also make up a smaller portion of their portfolio, with 5 and 14 investments respectively.

Here's a breakdown of Plug and Play Tech Center's investment stages:

Sectors Invested In

Plug and Play Tech Center has a diverse investment portfolio, with a focus on various sectors.

They have invested in Enterprise Applications, with 434 investments made in this sector.

High Tech is another sector that has received significant investment, with 328 investments made.

FinTech is also a key area of focus, with 206 investments made in this sector.

Consumer sector has also seen investment, with 195 investments made.

Artificial Intelligence - Industry Applications has received 139 investments.

The sector with the most investments is Others, with 1253 investments made.

Country Investment

Credit: youtube.com, How to invest into international markets (investing in other countries)

Country investment can be a great way to diversify your portfolio.

Investing in foreign markets can be a smart move, especially if you're looking for higher returns. The article section on "Stock Market" mentions that some countries have a higher GDP growth rate than others, making them more attractive for investment.

For example, countries like China and India have been growing rapidly in recent years. This growth can lead to increased demand for goods and services, making them a good bet for investors.

However, it's essential to consider the risks involved in foreign investment. The article section on "Risk Management" warns that investing in emerging markets can be riskier than investing in developed markets.

To mitigate these risks, it's crucial to do your research and understand the local market conditions. The article section on "Market Research" emphasizes the importance of staying informed about the local economy, politics, and culture.

By doing your homework and being mindful of the risks, you can make informed investment decisions and potentially reap the rewards of country investment.

IPOs and Public Companies

Credit: youtube.com, What is an IPO? | CNBC Explains

Investments are a crucial part of any business, and going public is a significant milestone for many companies. Sprinklr went public on June 23, 2021.

Going public can be a complex process, but it's often a sign of a company's growth and success. Trust Stamp, for example, went public on February 24, 2021, after being first invested in on September 16, 2018, with a seed round of undisclosed amount.

Some companies may not have a clear IPO date, like Hippo, which is still private. However, they may have received investments from reputable sources.

One notable example is FiscalNote, which went public on December 11, 2020, after receiving a Series C investment of $10 million on February 1, 2016.

Here are some notable IPOs and public companies in Plug and Play Tech Center's portfolio:

Portfolio

Plug and Play Tech Center has a diverse portfolio of companies across various sectors. The portfolio includes companies such as Vesttoo, Jasper, and Visby Medical.

Credit: youtube.com, Einride about Working with a Corporate Innovation Team | Plug and Play Portfolio Startup Series

The Tracxn Score, which is a measure of a company's growth and potential, ranges from 57 to 66 for the companies in Plug and Play's portfolio. This indicates a high level of interest and investment in these companies.

Some notable companies in the portfolio include Vesttoo, which offers AI-powered technology in data science, insurance risk transfer, and asset management, and Jasper, which provides an AI and SaaS-based platform for content creation.

Here is a breakdown of the companies in Plug and Play's portfolio:

Plug and Play Tech Center generally invests in companies at various stages of development, with a focus on Seed and Series A investments.

Portfolio Companies

Plug and Play Tech Center has a significant investment portfolio, with a focus on early-stage companies. They have made a substantial number of investments, with a total of 640 investments in seed-stage companies.

Their investment portfolio is diverse, with a total of 126 investments in Series A companies, 24 investments in Series B companies, and 8 investments in Series C companies. They also invest in angel-backed companies and other types of investments.

Credit: youtube.com, What Is a Portfolio Company in Private Equity | A VC Explains with Peter Harris

One notable trend in their investment portfolio is the dominance of seed-stage investments, which account for the majority of their investments. In contrast, Series B and Series C investments are relatively rare.

Here are the specific numbers for each stage of investment:

Overall, Plug and Play Tech Center's investment portfolio is a testament to their commitment to supporting early-stage companies and fostering innovation.

Unicorns in Portfolio

Let's take a look at the unicorns in Plug and Play's portfolio. A unicorn is a startup that has reached a valuation of over $1 billion.

Plug and Play's portfolio includes several unicorns, including Vesttoo, Jasper, Visby Medical, and AVA. These companies have demonstrated exceptional growth and innovation in their respective fields.

Here's a breakdown of some of the unicorns in Plug and Play's portfolio:

These unicorns have been able to leverage Plug and Play's resources and network to achieve remarkable success.

Acquired Companies

Here's the "Acquired Companies" section of the article:

Credit: youtube.com, What Is a Portfolio Company in Private Equity | A VC Explains with Peter Harris

At Plug and Play Tech Center, we're proud to have successfully acquired several companies that have been part of our portfolio.

Sandbox was acquired on February 11, 2025, after being first invested in on July 11, 2017, with an initial seed round of investment.

Stack Identity was acquired on January 28, 2025, after being first invested in on April 24, 2023, with a seed round investment of $4 million.

We also acquired Blackswan Technologies on January 16, 2025, but unfortunately, we don't have information on when it was first invested in or what the initial round of investment was.

Majorboost was acquired on January 13, 2025, but similar to Blackswan Technologies, we don't have information on when it was first invested in or what the initial round of investment was.

EvolutionIQ was acquired on December 20, 2024, but we don't have information on when it was first invested in or what the initial round of investment was.

Here's a list of the acquired companies, along with their acquisition dates and first investment information:

Co-Investment

Credit: youtube.com, Amidi Says Plug and Play Tech Centers Help Startups

Plug and Play Tech Center has a long history of co-investment, with 4030 investors participating in their portfolio companies over the past 18 years.

These investors include funds and angels, and some have even invested in companies before Plug and Play Tech Center got involved. For example, Techstars has invested in 21 companies before Plug and Play Tech Center, and Y Combinator has invested in 16 companies before them.

Some of the top co-investors of Plug and Play Tech Center include Y Combinator, which has invested in 12 companies alongside them. European Union is also a notable co-investor, having invested in 15 companies in Plug and Play Tech Center's portfolio.

Interestingly, a total of 1658 investors have invested in Plug and Play Tech Center's portfolio after their initial investments. This highlights the center's ability to attract new investors and continue growing its portfolio over time.

Here's a breakdown of the top co-investors of Plug and Play Tech Center:

  • Y Combinator: 12 companies
  • European Union: 15 companies
  • EIC Fund: 9 companies
  • FIS: 7 companies

General Information

Credit: youtube.com, How We Connect Startups and Corporations

Plug and Play Tech Center is a platform of open innovation, startup accelerator, and early-stage investor that originated in Silicon Valley in 2006.

It's now present in more than 21 countries and its mission is to connect the most innovative technology from startups with large corporations and companies through its corporate acceleration programs.

The numbers speak for themselves, Plug and Play Tech Center has accelerated more than 2000 startups, has a portfolio of 750 invested companies, and the participated companies have captured 7 billion dollars in capital.

Their vision is to develop true Open Innovation and they've positioned themselves as a leading platform in identifying market trends for many business sectors.

Frequently Asked Questions

What does Plug and Play Tech Center do?

Plug and Play Tech Center connects startups, corporations, and other organizations to drive innovation and growth globally. It's a leading platform that fosters collaboration and partnerships across industries and geographies.

Who is the CEO of Plug and Play?

Saeed Amidi is the CEO and founder of Plug and Play, a leading platform for innovation and collaboration. He drives global change by partnering with forward-thinking companies and startups.

Is plug and play a good VC?

Plug and Play is a leading VC with a strong track record of investing in over 250 startups per year, making it a top choice for entrepreneurs and investors alike. With its unique open innovation platform, it connects startups with the world's largest corporations and seasoned investors.

Angie Ernser

Senior Writer

Angie Ernser is a seasoned writer with a deep interest in financial markets. Her expertise lies in municipal bond investments, where she provides clear and insightful analysis to help readers understand the complexities of municipal bond markets. Ernser's articles are known for their clarity and practical advice, making them a valuable resource for both novice and experienced investors.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.