About Plug and Play Tech Center
Plug and Play Tech Center is a venture capital firm founded in 2006. It is primarily based out of Sunnyvale, United States. As of Jul 2026, Plug and Play Tech Center is an active investor, having invested in 2430 companies, with 66 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and FinTech. Most recently it participated in the $***** Seed round of Gyre Energy Overall, Plug and Play Tech Center portfolio has seen 40 unicorns, 23 IPOs and 220 acquisitions including key companies like Flutterwave, Airwallex and Apple. A lot of funds co-invest with Plug and Play Tech Center, with names like 500 Global sharing a substantial percentage of its portfolio. Plug and Play Tech Center has team of 103 people including 31 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 9 more
Portfolio IPOs
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
Plug and Play Tech Center's List of Top Investments
Plug and Play Tech Center has a portfolio of 2,430 companies, including 40 unicorns. Their most notable investments are in Cafler and Atmosfy.Their portfolio spans across United States, Canada, United Kingdom and 62 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 42 other sectors, across stages such as Seed, Series A and 9 more. Here is the list of top investments by Plug and Play Tech Center:
1. Flutterwave
Provider of payment solutions for online and physical business transactions. It offers tools for accepting payments, payouts, transfers, and creating online stores. The company provides application programming interfaces for developers to integrate payment functionalities. It also facilitates tuition payments and event ticket purchases.
Key facts about Flutterwave
- Founded Year: 2016
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $489M
- Employee Count: 875 as on May 31, 2026
- Investors: Glynn Capital, Alrai Capital and 73 Others
- Latest Funding Round: Series E, Jul 07, 2026, $*****
- Highlight: Editors' Pick
2. Airwallex
Provider of financial infrastructure for processing payments and managing treasury. This platform enables businesses to accept payments, issue corporate cards, and manage expenses through integrated software. It facilitates currency conversion, international fund transfers, and automated billing processes. The system provides application programming interfaces for embedding financial services into other software products. It supports account management, payout distribution, and reconciliation workflows for commercial operations.
Key facts about Airwallex
- Founded Year: 2015
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series H
- Total Funding till date: $1.9B
- Employee Count: 2,517 as on May 31, 2026
- Investors: T. Rowe Price, Baillie Gifford and 51 Others
- Latest Funding Round: Series H, Jun 25, 2026, $*****
- Highlight: Editors' Pick
3. Apple
Technology company and product innovator developing consumer electronics. The firm designs smartphones, personal computers, tablets, wearables, and related hardware alongside proprietary operating systems and productivity applications. It provides integrated ecosystems including cloud computing, digital media distribution, payment processing, and enterprise software solutions. Services encompass content streaming platforms, mobile app marketplaces, augmented reality frameworks, and professional creative software suites. Continuous platform evolution maintains seamless hardware-software integration across personal computing and professional segments.
Key facts about Apple
- Founded Year: 1976
- Location: Cupertino (United States)
- Annual Revenue: $1B+ as on Sep 28, 2024
- Stage: Public
- Employee Count: 181,922 as on Apr 30, 2026
- Investors: Berkshire Hathaway, Black Capital Investments and 40 Others
- Latest Funding Round: Post IPO, Dec 25, 2020, $*****
- Highlight: Public

4. Google
Provider of internet search, digital advertising, cloud computing and other more services to individuals and businesses. Its primary service is web search, but its business extends far beyond that into digital advertising platforms, cloud computing infrastructure (Google Cloud), and artificial intelligence systems. It also provides widely used consumer applications such as Gmail (email service), Google Maps (navigation and geospatial services), Google Drive (cloud storage), and YouTube (video platform). In addition, Google develops the Android operating system, which powers most of the world’s mobile devices.
Key facts about Google
- Founded Year: 1998
- Location: Mountain View (United States)
- Annual Revenue: $1B+ as on Dec 31, 2024
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $35M
- Employee Count: 337,774 as on Mar 31, 2026
- Investors: Greyrock Investments, Black Capital Investments and 32 Others
- Latest Funding Round: Post IPO, Jun 18, 2010, $*****
5. BitGo
Platform that offers crypto based financial services. It offers custody, trading, and lending solutions to institutional investors and crypto platforms. It provides regulated and insured custody for digital assets, with a cold storage to manage counterparty risk. Its solutions include features like whitelisting, user level permissions, and velocity controls.
Key facts about BitGo
- Founded Year: 2013
- Location: Palo Alto (United States)
- Stage: Public
- Total Funding till date: $170M
- Employee Count: 200 - 499 as on Mar 01, 2026
- Investors: Goldman Sachs, K2 Global and 39 Others
- Latest Funding Round: Series C, Jan 24, 2024, $*****
- Highlight: Public
Plug and Play Tech Center's Year-on-Year Investment Trends
Plug and Play Tech Center has invested in 2430 companies over the last 19 years, with an average of 77 new investments annually in the last 10 years. In 2025, it made 75 investments, while as of Jul 2026, it has made 35 investments in this year. Its most recent first time investment was in Gyre Energy and most recent follow-on round was in Artemis.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 34 | 1 | 35 |
2025 | 68 | 7 | 75 |
2024 | 68 | 9 | 77 |
2023 | 56 | 5 | 61 |
2022 | 101 | 10 | 111 |
2021 | 64 | 9 | 73 |
2020 | 59 | 6 | 65 |
2019 | 73 | 5 | 78 |
2018 | 171 | 5 | 176 |
2017 | 52 | 1 | 53 |
Plug and Play Tech Center's Investments by Stage
Plug and Play Tech Center has made 760 investments in Seed stage with an average round size of $2.96M, 142 investments in Series A stage with an average round size of $10.1M and 25 investments in Series B stage with an average round size of $21.2M.Stage of entry | No. of Investments |
|---|---|
Seed | 760 |
Series A | 142 |
Series B | 25 |
Series C | 8 |
Angel | 7 |
Others | 15 |
Note: We have considered here, only first round of investments
Plug and Play Tech Center's Investments by Sector
Plug and Play Tech Center has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, FinTech, Consumer and Vertical SaaS. Notably, it has invested in 2084 Tech companies, 1731 Enterprise (B2B) companies, 1393 Software companies and at least 704 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 531 |
High Tech | 277 |
FinTech | 221 |
Consumer | 210 |
Vertical SaaS | 173 |
Others | 1337 |
Note: We have considered here, only first round of investments
Plug and Play Tech Center's Investments by Geography
Plug and Play Tech Center has made most investments in United States (508), followed by United Kingdom where it has made 63 investments.Country | No. of Investments |
|---|---|
United States | 508 |
United Kingdom | 63 |
France | 49 |
Canada | 35 |
Germany | 34 |
Others | 277 |
Note: We have considered here, only first round of investments
Plug and Play Tech Center's recent investments
Plug and Play Tech Center has made 35 investments in 2026 so far. Gyre Energy and Archimede World are the latest among them.Here are the most recent investments by Plug and Play Tech Center:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 07, 2026 | United Kingdom | Seed | 3471 | [+1] | |
Jun 30, 2026 | Italy | Seed | 7566 | [+4] | |
Jun 25, 2026 | Spain | Series A | 4499 | [+3] | |
Jun 16, 2026 | Spain | Seed | 2447 | [+1] | |
Jun 15, 2026 | United States | Seed | 6884 | [+2] |
Unicorns in Plug and Play Tech Center's Portfolio
Plug and Play Tech Center has 40 unicorns in its portfolio - Star Cloud, Tulip, Zero Hash and others. The most recent unicorn in their portfolio is Star Cloud. It became a unicorn in 2026, 2 years after Plug and Play Tech Center first invested in it.Here is a list of unicorns in Plug and Play Tech Center's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
64 | Provider of data center solutions for space | 2024 | Redmond | Series A | sammxkp | ||
59 | Digitalized Manufacturing System | 2014 | Somerville | Series D | udbtkat | ||
66 | Embedded crypto solutions for financial institutions | 2017 | Chicago | Series D | kiqrlma | ||
74 | Operator of eSIM stores intended to provide connectivity to travellers | 2019 | Delaware | Series C | qwholxc | ||
72 | AI-powered customer experience platform | 2023 | San Francisco | Series D | fhwqfoj |
IPOs and Publicly Listed companies in Plug and Play Tech Center's Portfolio
23 of Plug and Play Tech Center's portfolio companies have become public. Momenta got listed on the Hong Kong Exchanges (HKG), in Jul 2026 at marketcap of $8.88B and FiscalNote got listed on the OTC Markets (OTCMKTS).Here are Plug and Play Tech Center's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 08, 2026 | - | - | 2495 | |
Apr 06, 2026 | Feb 01, 2016 | Series C | 4676 | |
Jan 22, 2026 | - | - | 8426 | |
Nov 03, 2025 | - | - | 7014 | |
Sep 17, 2024 | - | - | 4098 |
Acquired companies in Plug and Play Tech Center's Portfolio
220 companies from Plug and Play Tech Center's portfolio have been acquired. The most recent acquisition was Skycatch in Jul 2026 by Caterpillar for $*****.Here are Plug and Play Tech Center's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 07, 2026 | - | - | 3558 | |
Jun 04, 2026 | - | - | 1555 | |
May 20, 2026 | - | - | 3689 | |
Apr 23, 2026 | - | - | 2932 | |
Apr 21, 2026 | - | - | 1048 |
Team profile of Plug and Play Tech Center
Plug and Play Tech Center has a team of 103 members including 31 Partners, 2 Venture Partners and 16 Principals located in United States, Spain and 10 more locations. Plug and Play Tech Center's team does not sit on the board of any company as of now.Here is a list of top team members in Plug and Play Tech Center:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Philippines | - | - | |
Partner | United States | - | - | |
Partner | United States | - | ||
Partner | United States | - | - | |
Partner | United States | - | - | |
Partner | United States | - | - | |
Partner | China | - | - | |
Partner | United States | - | - | |
Partner | United States | - | - | |
Partner | Germany | - | - | |
Partner | France | - | - |
Co-investors of Plug and Play Tech Center
Over the past 19 years, 4780 investors have co-invested in Plug and Play Tech Center's portfolio companies. This includes funds and angels.
- Invested before Plug and Play Tech Center: Techstars, 500 Global and 1093 others have invested in rounds before Plug and Play Tech Center. There are 21 companies where Techstars has invested before Plug and Play Tech Center and 15 companies where 500 Global has invested before Plug and Play Tech Center.
- Top Co-investors of Plug and Play Tech Center: 1896 investors entered a company along with Plug and Play Tech Center. These include investors like 500 Global (12 companies).
- Invested after Plug and Play Tech Center: A total of 1789 investors have invested in Plug and Play Tech Center's portfolio after their investments. Top Investors include Europa (15 companies), Y Combinator (11 companies) and EIC Fund (9 companies).
Recent News related to Plug and Play Tech Center
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Archimede Secures €1.5 Million Seed Funding for Remote Infrastructure MonitoringEU-Startups•Jun 29, 2026•Archimede World, Primo Capital, Elis, Irritec and 3 others
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Kalipso Raises $3.2 Million in Funding Round Led by VarsityStartup Rise EU•Jun 25, 2026•Kima Ventures, Lanai, Kalipso, Vento and 2 others
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Optiak Raises 4 Million Euros for its AI Management PlatformPressDigital•Jun 16, 2026•Market One Capital, OptikAI, Next Tier Ventures, Plug and Play Tech Center and 3 others
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Synaps Secures €3.06M Pre-Seed Funding for AI Canvas in Architectural DesignThe SaaS News•Jun 02, 2026•Synaps, Plug and Play Tech Center, Fil Rouge Capital
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StitcherAI Emerges from Stealth with $3 Million Pre-Seed FundingFinTech Futures•May 19, 2026•Stitcher, Founders' Co-op, ASCEND, Plug and Play Tech Center
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Melazyme Raises $2M to Advance Melanin and Sweet Protein PlatformGreen Queen•May 14, 2026•SeaX Ventures, Stellaris, Plug and Play Tech Center
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Hacktron Raises $2.9M Pre-Seed to Bring AI-Powered Security Testing to Every Code ChangeBenzinga•May 13, 2026•Hacktron, Crane Venture Partners, Project Europe, University of Cambridge and 3 others
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