Plug and Play

Plug and Play is a global innovation platform that connects startups, corporations, and investors. Founded in 2006 by Saeed Amidi, the organization originated from the success of Amidi Group's early investments in companies like PayPal and Google. Their mission is to foster innovation by bringing together the brightest minds in technology and business. Plug and Play operates on a unique model, running industry-specific accelerator programs in collaboration with corporate partners. These programs provide startups with mentorship, pilot opportunities, and potential investment, while corporations gain access to cutting-edge technologies and disruptive solutions.

Their investment thesis is broad, focusing on early-stage technology companies across various sectors, including FinTech, Health, Mobility, Supply Chain, Sustainability, and more. They typically invest small amounts of capital, often convertible notes, in exchange for equity, with the primary value proposition being access to their corporate network and acceleration programs. Plug and Play is renowned for its extensive global presence, with over 50 locations across five continents, including major innovation hubs like Silicon Valley, Paris, Tokyo, and Singapore.

Notable programs include their flagship accelerator programs tailored to specific industries, often culminating in 'Demo Days' where startups pitch to investors and corporate executives. Their portfolio boasts thousands of companies, with notable successes including Dropbox, LendingClub, N26, and Honey. What makes Plug and Play stand out is its unparalleled global network of corporate partners, its industry-agnostic yet specialized approach to acceleration, and its ability to facilitate meaningful collaborations between startups and large enterprises, driving innovation on a massive scale.