Plug and Play announced on Thursday it has selected 154 startups into their Summer 2021 Batches. The accelerator program reported that each company has been accepted into one of the following programs that run through June: Energy, Enterprise Tech, Fintech, Health, Insurtech, Internet of Things, Mobility, Real Estate & Construction, or Travel & Hospitality. Plug and Play further noted that 40% of the startups are based outside the U.S.
“During the three months of the program, the selected startups will participate virtually in networking events, mentor sessions, focus weeks, and private dealflow sessions. They will be fully immersed in Plug and Play’s global network and be given numerous opportunities to work with industry-leading corporations and investors to kickstart pilot projects or potential investment. There is no equity requirement for startups to participate.”
Speaking about the Summer 2021 class, George Damouny, Partner at Plug and Play Ventures, stated:
“It has been an extensive selection process to get to this point and the quality of these startups are a testament to that. We also hope to invest in many of the future success stories within these batches.”
Plug and Play went on to add that graduation for these startups will commence mid-June at Plug and Play’s Summer Summit 2021, which will be held virtually.