Vienna, March 13, 2020 — Plug and Play Vienna announced 16 startups that have been selected for its “Batch 0” after a successful Selection Day in February at Vienna International Airport. Among the startups presenting were innovative technology companies offering COVID-19 crisis management tools.

The corporate partners of Plug and Play Vienna’s two verticals: ’Travel & Hospitality EU’ and ’Smart Cities’ have chosen 8 startups each to continue the path of joint pilot projects between experienced large corporations and visionary, striving startups. …

Munich, Germany, 20 February 2020 — On February 5th, 2020, 14 Insurtech startups pitched during Insurtech Europe’s Batch 3 EXPO Day held at Plug and Play Munich. The audience consisted of over 200 members of the Insurtech ecosystem including corporations, investors, and startups from Germany, France, Israel, Switzerland, Singapore, Spain, the Netherlands, the United Kingdom, and the United States.

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Insurtech Europe EXPO is the culmination of the three-month program and features a dynamic morning of pitches from startups, where founders share their unique solutions and major milestones reached since joining the accelerator program. …

FRANKFURT, GERMANY January 20, 2020 — Raiffeisen Bank International (RBI) has announced its partnership with Plug and Play, the largest global innovation platform headquartered in Silicon Valley. Along with 80 other financial institutions across the United States, Paris, Abu Dhabi, Shanghai, Singapore, and Tokyo, RBI will join Plug and Play’s global ecosystem, leveraging the platform to support its comprehensive digital transformation strategy in the field of fintech.

With this cooperation, RBI is expanding its contacts to fintech startups on a global scale. The bank has already a considerable startup network due to its fintech partnership program Elevator Lab launched in 2017. About one year later, Elevator Lab, which is today the largest fintech network in Central and Eastern Europe, was complemented by a corporate venture capital entity called Elevator Ventures. …

MILAN, ITALY, 16 January 2019 — UBI Banca’s objective with its partnership with Plug and Play, an international startup accelerator headquartered in Silicon Valley, is to manage constant progress in the digital sector and to identify potential projects which will result in the provision of concrete new financial services to customers. …

On November 19, 2019, during the Plug and Play China 2019 Winter Summit, China Jinmao Holdings Group Limited (hereinafter referred to as China Jinmao) held a signing ceremony for innovation with Plug and Play at the Plug and Play China Innovation Hub-Yangtze River Delta Area. Meanwhile, the “China Jinmao Open Innovation Platform” was launched to jointly build and lead the innovation ecosystem of real estate technology.

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Nowadays, with the rapid development of emerging technologies, all industries including the real estate industry are in a new round of technological and industrial transformation periods. The information technology represented by the Internet of Things, Artificial Intelligence and Big Data is becoming increasingly mature. The deep combination of technology and the scene will gradually influence the lifestyle of human beings. …

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The Plug and Play panel, examined the impacts that climate-led catastrophes have on society, and how updating the insurance industry’s business models with data-driven products assures building and rebuilding smarter cities, homes and businesses. The expert panelists shared their insights and perspectives on rethinking the business of insurance and disaster anticipation/response at all levels to better protect from, and manage, future monumental events.

This discussion showcased how artificial intelligence, data and technology are evolving to play pivotal roles in safeguarding society, sustainability and profitability, the importance of real-time conditions communication to master the growing severity and frequency of weather events. …

On September 26th, Plug and Play’s Food & Packaging Program hosted their first event in China: The Food and Packaging Roadshow. This event brought together 13 startups from around the world, including seven from the Asia Pacific region, to showcase technologies related to packaging, food safety, ingredient innovation, and retail. There were over 200 attendees, encompassing over 30 of the world’s largest food and packaging companies inclusive of Nestle, The Coca-Cola Company, Pepsico, Tetrapak, Starbucks, Ferrero, Mondelez, WantWant, EcoLab, SIG, Avery Dennison, and many more.

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Plug and Play China’s First Food & Packaging Roadshow on Sep 26, 2019.

On September 25th, the group hosted an exclusive board meeting with select corporations to discuss challenges within China’s food and packaging ecosystem and the strategy for tapping into the Asia Pacific landscape. These discussions will shape the technology focus areas for the Food Program, which will launch in April in Shanghai. Among the topics discussed, ingredient innovation relating to sweeteners and proteins, food safety, and sustainable packaging will be central drivers of the program. …

Venture money is flowing back to the energy sector. Global investment in clean energy was down 8% in 2018. But the contribution from venture capital and private equity jumped to its highest level since 2010, surging 127% to USD$9.2billion, reported Bloomberg New Energy Finance. In China, venture investors are setting sights on the once-closed energy sector with market reforms underway and industry titans such as the State Grid and Envision Energy embracing innovation. But how can your startups woo the investors and succeed in the world’s second-largest market?

Technological innovation is the backbone for energy startups,” said Bella Zhang Jiabei, Head of Plug and Play China’s Energy & Sustainability program. Instead of ‘spraying’ its resources to myriads of startups and ‘praying’ that some will pay off, many startups Plug and Play China’s Energy and Sustainability program chose for its inaugural batch have innovations proprietary to themselves. For example, Shanghai Cloudready, a Plug and Play China Energy Batch 1 startup, was founded in 2016 on the back of patents and algorithms that allow the company to assess and predict the health of batteries on new energy vehicles real-time. …

São Paulo, September 13th, 2019 — Sicoob Unicoob, linked to Brazil largest cooperative financial system, has partnered with Plug and Play, the largest innovation platform in the world, based in Silicon Valley. The cooperative will be one of the founding partners of the company’s first office in Brazil, located in São Paulo (SP).

The participation in the accelerator will guarantee Sicoob Unicoob access to a network of large startups, which can help align internal processes and help bring more and better services to its members.

Sicoob Central Unicoob Director of Services and IT, Emerson Iten points out that on the Plug and Play accelerator, success stories such as PayPal, Dropbox, SoundHoud and Lending Club have started. Therefore, he believes the partnership will be instrumental in accelerating the process of innovation and digital transformation of the system, which currently consists of 18 affiliated cooperatives. …

São Paulo, September 10th, 2019 — Suzano, Brazil’s largest pulp and cellulose producer in the world has partnered with Plug and Play, the largest global innovation platform, to intensify the innovation democratization process underway within the company. As the world’s largest producer of pulp and a global reference in the production of bioproducts developed from tree cultivation, Suzano aims to strengthen relationships with start-ups in Brazil and abroad as well as to be even more connected to new technologies under development in the world.

“We are building an ecosystem of internal innovation that will open us to countless possibilities. Working alongside Plug and Play will be relevant in this process of developing a more appropriate environment for attracting new partners and strengthening the concept of Open Innovation in the organization”, says Alexandre Cezilla, Head of Digital at Suzano. …


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