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Plug and Play Ventures company logo
Venture Capital
BUSINESS PRODUCTS & SERVICES | Consulting & Outsourcing / Management & Strategy Consulting
plugandplaytechcenter.com/ventures

Investments

2184

Portfolio Exits

257

Funds

4

Partners & Customers

10

About Plug and Play Ventures

Plug and Play Ventures is a global technology accelerator and venture fund. Plug and Play Ventures participates in Seed, Angel and Series A funding where they often co-invest with strategic partners. Through years of experience and as part of its network, the firm has put together a world-class group of serial entrepreneurs, strategic investors, and industry leaders who actively assist the firm with successful and growing investment portfolio.

Headquarters Location

440 N. Wolfe Rd.

Sunnyvale, California, 94085,

United States

650-843-5000

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Expert Collections containing Plug and Play Ventures

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Plug and Play Ventures in 2 Expert Collections, including Store tech (In-store retail tech).

S

Store tech (In-store retail tech)

56 items

Startups aiming work with retailers to improve brick-and-mortar retail operations.

T

Travel Technology (Travel Tech)

39 items

Tech-enabled companies offering services and products focused on tourism. This collection includes booking services, search platforms, on-demand travel and recommendation sites, among others.

Research containing Plug and Play Ventures

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Plug and Play Ventures in 5 CB Insights research briefs, most recently on Oct 24, 2024.

Latest Plug and Play Ventures News

Matrice.ai Accelerates Mission to Industrialize Real-Time Vision AI with Strategic Funding Led by Voltage Park

Aug 14, 2025

SAN FRANCISCO–( BUSINESS WIRE )– Matrice.ai , which builds modular Vision AI Factories for real-world environments, today announced a strategic expansion of its seed funding round led by Voltage Park with participation from Ax3.ai, Plug and Play Ventures, and a syndicate of prominent industry angel investors. With Voltage Park's AI infrastructure and backing, Matrice.ai can accelerate the development and deployment of real-time computer vision solutions for complex industrial and commercial environments Share Matrice.ai's factory platform is already powering hundreds of live cameras for enterprises in the energy, retail, and public sectors in the Middle East and the Philippines. This funding round validates Matrice.ai's strong market traction as the company focuses on plans for expansion into North America and Europe. With Voltage Park's AI infrastructure and backing, Matrice.ai can accelerate the development and deployment of real-time computer vision solutions for complex industrial and commercial environments – across oil fields, retail floors, smart cities, and stadiums. “Voltage Park is more than a financial backer — they are our partner for jointly developing and deploying Vision AI Factories,” said Amar Krishna, Co-founder of Matrice.ai. “With their world-class AI infrastructure for training and inference, and enterprise-grade software stack for deploying, integrating, and operating production workloads, we can build and deploy highly accurate, custom vision models at a speed and cost that was previously unimaginable. We're industrializing AI for the real world.” Voltage Park's mission is to empower innovators by making high-performance AI infrastructure accessible. The investment in Matrice.ai underscores this commitment, targeting practical, high-value enterprise applications. “Voltage Park's mission is to help enterprises transform data into business intelligence using AI,” said Saurabh Giri, Chief Product and Technology Officer of Voltage Park. “We look for companies that are moving AI from theoretical to transformational, and Matrice.ai's platform is the perfect example. Their domain expertise in vision models enables our customers to convert pixels into intelligence with vertical-specific solutions across multiple industries. We are thrilled to provide the AI infrastructure backbone for deploying Matrice.ai Vision Models in a modular, cohesive, and fully integrated hardware-software stack with no security and data privacy trade-offs.” “This partnership gives us the AI infrastructure edge to industrialize real-world vision AI,” said Dipendra Jha, Co-founder & CTO of Matrice.ai. “We're now building GPU-optimized inference pipelines that turn live video into precise, real-time insights—with minimal latency and full enterprise control.” The funding will be used to: Quickly build and deploy targeted AI pipelines for use cases like flare detection, crowd analytics, and queue monitoring. Scale training and inference stacks for scalable deployment using Voltage Park infrastructure. Expand enterprise operations across North America and Europe to meet growing demand. About Matrice.ai Matrice.ai is building Vision AI Factories: an end-to-end platform for building, deploying, and scaling computer vision solutions across enterprise environments. From model training to edge inference, Matrice.ai makes real-time AI vision accessible and production-ready. Learn more at matrice.ai About Voltage Park Voltage Park is building AI Factory infrastructure from the ground up: a production solution consisting of hardware and software components working together to transform data into adoptable intelligence. We provide flexible, cost-effective cloud GPU solutions that power an enterprise's entire AI lifecycle with the compute they need and service they deserve. For more information visit www.voltagepark.com About Ax3.ai & Plug and Play Ventures Ax3.ai is a globally distributed GPU cloud provider that supports elastic training and inference at scale. Plug and Play Ventures is a global innovation platform backing Matrice.ai's enterprise growth journey. Contacts Media Contact: Sam Totah Public Relations stotah@voltagepark.com (c)2025 Business Wire, Inc., All rights reserved.

Plug and Play Ventures Investments

2,184 Investments

Plug and Play Ventures has made 2,184 investments. Their latest investment was in Gobano Robotics as part of their Seed VC on September 09, 2025.

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Plug and Play Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/9/2025

Seed VC

Gobano Robotics

$3.51M

Yes

Axeleo Capital, Bpifrance, Kima Ventures, Motier Ventures, Polytechnique Ventures, Undisclosed Angel Investors, and Undisclosed Venture Investors

2

9/3/2025

Series A

ArcaScience

$7M

No

4

7/30/2025

Pre-Seed

Solidec

$2M

Yes

5

7/29/2025

Seed VC

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10

6/23/2025

Pre-Seed

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$XXM

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10

Date

9/9/2025

9/3/2025

7/30/2025

7/29/2025

6/23/2025

Round

Seed VC

Series A

Pre-Seed

Seed VC

Pre-Seed

Company

Gobano Robotics

ArcaScience

Solidec

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Amount

$3.51M

$7M

$2M

$XXM

New?

Yes

No

Yes

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Co-Investors

Axeleo Capital, Bpifrance, Kima Ventures, Motier Ventures, Polytechnique Ventures, Undisclosed Angel Investors, and Undisclosed Venture Investors

Sources

2

4

5

10

10

Plug and Play Ventures Portfolio Exits

257 Portfolio Exits

Plug and Play Ventures has 257 portfolio exits. Their latest portfolio exit was Tractable on August 29, 2025.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

8/29/2025

Acquired

$XXM

NTTME

2

8/19/2025

Acquired

$XXM

6

7/2/2025

Acquired

$XXM

Hokan Group

2

6/27/2025

Acq - Talent

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$XXM

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10

6/5/2025

Asset Sale

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$XXM

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10

Date

8/29/2025

8/19/2025

7/2/2025

6/27/2025

6/5/2025

Exit

Acquired

Acquired

Acquired

Acq - Talent

Asset Sale

Companies

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Valuation

$XXM

$XXM

$XXM

$XXM

$XXM

Acquirer

NTTME

Hokan Group

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Sources

2

6

2

10

10

Plug and Play Ventures Fund History

4 Fund Histories

Plug and Play Ventures has 4 funds, including Plug and Play Supply Chain Fund I.

Closing Date

Fund

Fund Type

Status

Amount

Sources

4/19/2022

Plug and Play Supply Chain Fund I

$25.5M

1

Plug & Play Umbrella Fund

10

Plug & Play Future Commerce Fund I

10

Plug & Play Growth Fund

10

Closing Date

4/19/2022

Fund

Plug and Play Supply Chain Fund I

Plug & Play Umbrella Fund

Plug & Play Future Commerce Fund I

Plug & Play Growth Fund

Fund Type

Status

Amount

$25.5M

Sources

1

10

10

10

Plug and Play Ventures Partners & Customers

10 Partners and customers

Plug and Play Ventures has 10 strategic partners and customers. Plug and Play Ventures recently partnered with The Rawlings Group on June 6, 2024.

Date

Type

Business Partner

Country

News Snippet

Sources

6/17/2024

Partner

United States

Plug and Play Announces Rawlings Company as New Partner in Insurtech Program - Plug and Play Tech Center

We 're confident the unique insights provided by the Plug and Play Ventures team and new relationships available to Rawlings through this relationship will further our success and growth in the healthcare ecosystem , '' said Ryan Little , CEO of The Rawlings Company .

1

6/1/2023

Partner

Netherlands

SkyTeam partners with Plug and Play to become the leading alliance in innovation - Plug and Play Tech Center

The joint partnership was officially announced at Plug and Play Travel Vienna 's EXPO on June 1 , 2023 , in the AirportCity Space at the Vienna International Airport , where one of Plug and Play programs is based and where SkyTeam will become an official partner .

1

11/15/2022

Partner

United Kingdom, United States, Netherlands, and Gibraltar

1

8/23/2022

Partner

Canada

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10

6/15/2022

Partner

United States

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10

Date

6/17/2024

6/1/2023

11/15/2022

8/23/2022

6/15/2022

Type

Partner

Partner

Partner

Partner

Partner

Business Partner

Country

United States

Netherlands

United Kingdom, United States, Netherlands, and Gibraltar

Canada

United States

News Snippet

Plug and Play Announces Rawlings Company as New Partner in Insurtech Program - Plug and Play Tech Center

We 're confident the unique insights provided by the Plug and Play Ventures team and new relationships available to Rawlings through this relationship will further our success and growth in the healthcare ecosystem , '' said Ryan Little , CEO of The Rawlings Company .

SkyTeam partners with Plug and Play to become the leading alliance in innovation - Plug and Play Tech Center

The joint partnership was officially announced at Plug and Play Travel Vienna 's EXPO on June 1 , 2023 , in the AirportCity Space at the Vienna International Airport , where one of Plug and Play programs is based and where SkyTeam will become an official partner .

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Sources

1

1

1

10

10

Plug and Play Ventures Team

3 Team Members

Plug and Play Ventures has 3 team members, including current Vice President, Chang Li.

Name

Work History

Title

Status

Chang Li

Sureify, and HQ Capital

Vice President

Current

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Name

Chang Li

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Work History

Sureify, and HQ Capital

Title

Vice President

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Status

Current

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