Plug and Play Tech Center is a global innovation platform and early-stage venture capital firm headquartered in Sunnyvale, California. Founded in 2006 by Saeed Amidi, Plug and Play has established itself as a pivotal connector among startups, corporations, investors, universities, and government agencies.
Plug and Play focuses on early-stage investments, primarily at the pre-seed and seed stages, across a diverse range of industries. The firm operates 15 industry-specific accelerator programs, including sectors such as Agtech, Fintech, Health, Insurtech, IoT, Mobility, and Sustainability.
In March 2025, Plug and Play, in collaboration with EA Group Holding, launched a €20 million fund aimed at investing in early-stage startups based in Spain and Spanish founders worldwide.
This fund targets companies in AI, fintech, sustainability, mobility, and e-commerce, with plans to support 30–35 startups through seed investments and follow-on funding. Startups will also gain access to Plug and Play’s global ecosystem of over 600 corporations, investors, and experts.
Leadership
Plug and Play was founded by CEO Saeed Amidi. The firm has a global team with key personnel such as Ventures Associates Alberto Caviglia and Juan Naveira.
Investment Strategy
Plug and Play employs a technology-agnostic investment approach, typically investing between $100,000 and $150,000 in pre-seed and seed-stage startups. The firm leverages its extensive corporate partnerships to facilitate pilot programs, investments, and potential mergers and acquisitions, providing startups with valuable industry connections and opportunities.
Notable Investments
Plug and Play has invested in companies such as PayPal, LendingClub, and Dropbox.
Notable Exits
The firm has seen successful exits, including the public listing of insurtech company Hippo Insurance and the acquisition of Honey by PayPal.
