Plug and Play startup incubator eyes $20M for seed fund

Plug and Play startup incubator eyes $20M for seed fund

The Plug and Play Tech Center, a Palo Alto, Calif., accelerator program that provides office space, mentorship and a fundraising springboard for about 200 startups in the Silicon Valley, says it plans to raise $20 million for its own seed investment fund, to be called Plug and Play LLC. And it’s looking to its partners and several other capital firms — Draper Fisher Jurvetson and Sequoia Capital among them — to make it happen.

It seems… Continue Reading