
Plug and Play
440 N Wolfe Rd, Sunnyvale, CA, 94085, United States
Overview
Plug and Play is an accelerator firm. The firm seeks to invest in companies operating in consumer products, consumer services, financial services, healthcare, information technology, materials, resources, and technology sectors. They are creating a unique ecosystem designed to facilitate meaningful introductions, invest in startups, and bring together key stakeholders.
- Total investments
- 168
- Lead investments
- 8
- Investments · 12mo
- 38
- Active investors
- 4
Sector focus
- FinTech
- Incubators
- Venture Capital
Investment portfolio
- Cobi
Participated · Seed · Aug 2026
Founded in 2025 by Darren Edmund and Botlhale Mosoane, Cobi builds an AI decision stack that reads customer and product data in real time, identifies meaningful behavioral changes, and delivers actionable recommendations through existing business tools. The company is headquartered in Dubai within the DIFC and operates out of the Dubai AI Campus. Cobi raised $1 million in a pre-seed round led by Lunara Partners with participation from Plug and Play, Annex Investments and Spring to accelerate enterprise deployments across the Middle East and internationally. The new capital is earmarked to automate the path from signal analysis to decision execution and to deepen its recommendation and decisioning capabilities. The articles do not disclose revenue, user metrics, or valuation.
- Nearpays
Participated · Seed · Jul 2026
Nearpays is reported as a participant in Visa '24. Contemporary press coverage focuses on the company’s seed financing, noting a $40,000 raise. Named investors in the round include Plug and Play, GoAhead Ventures and LvlUp Ventures, alongside two other investors. The articles do not describe the company’s product, business model, financial metrics, or growth plans. Public reporting on Nearpays in these articles is limited to its cohort participation and the seed investment.
- Delos Intelligence
Participated · Seed · Jul 2026
Delos Intelligence builds generative AI products for business customers and counts clients such as TotalEnergies, Shiseido and Groupe Casino. The company reports tiered pricing (a student tier at €10, commercial tiers at €25/45/80 and enterprise pricing on request) and has promoted user-growth milestones and product-specific revenue claims. Founders are brothers Pierre and Thibaut de la Grand'rive. Employee counts reported in the press vary (around ~20 in April 2025, moving toward ~40 by the end of 2025). Delos launched a product called Workers that the company says achieved $1M ARR in a few days (self-reported). The company has stated plans for a Series A around March 2026 but had not closed one as of the reporting, and its cloud sovereignty migration to 100% Scaleway was still being finalized at the end of 2025 with some workloads running on Azure France.
- Gyre Energy
Participated · Seed · Jul 2026
Gyre Energy combines physics-based AI with thermal energy storage to analyse site behaviour, forecast cooling demand, and optimise cooling system operation to reduce energy use while maintaining temperature stability. The company’s platform stores cooling capacity when energy is cheaper and greener, releasing it during peak periods so equipment runs less when power costs most. Gyre was founded in 2024 by three Oxford MBAs and is deployed across the UK, Africa, and the Caribbean, with expansion underway in the Middle East, Asia Pacific, and Europe. Its next major deployment is within a chamber of a 140,000 sq ft cold chain operation, with performance measured against an IPMVP baseline. Gyre’s first published commercial deployment at a 2,900 sq ft frozen facility showed a 38% cut to electricity costs, a 35% reduction in daily energy consumption, and a payback under 1.5 years. The company is scaling into larger enterprise customers, including one of the world’s largest cold chain logistics operators, and is preparing for applications beyond cold storage such as industrial cooling and data centres as cooling demand grows.
- Aylight
Participated · Seed · Jul 2026
Aylight develops chip-scale multiwavelength lasers that generate multiple precisely spaced wavelengths from a single chip using a frequency-modulated comb (FM comb) architecture. The design reduces the need for multiple discrete lasers in optical communication systems and is intended to be manufacturable in existing semiconductor photonics foundries. The company targets AI data-center optical interconnects and high-precision frequency-modulated continuous-wave (FMCW) sensing for applications such as semiconductor inspection, metrology, industrial automation, and precision robotics. Aylight was founded in 2025 by Bahareh Marzban and Dmitry Kazakov following research at ETH Zürich. The startup plans to use its recent pre-seed funding to build its first foundry prototypes and grow its R&D team as it moves from research toward initial products.