Monthly Reading | Plug and Play Global Trends in August
Big news
▎Plug and Play ranked No. 1 as “2Q 2019’s Investors by Global VC Deal Count”according to Pitchbook Global League Tables.
We won the first place in the “2Q 2019’s Investors by Global VC Deal Count” with 64 deals.
Furthermore, Plug and Play also ranked No. 1 (with 33 deals) in Angel and Seed Round, and No.3 (with 25 deals) in Early-stage.
▎Plug and Play worked jointly with Pitchbook to release the Unicorn Report 2019
The report summarized the unicorn enterprises in the past 10 years and analyzed the popular phenomenon of “unicorns” from the aspects of financing metrics, investors, valuation, exit and so on.
Trends in China
▎Star of Startups in July 2019: Youshi Technology
Investors of Plug and Play China select a Startup of The Month with technology, market and prospect every month. The startup of this month is Youshi Technology, a self-driving robot retailer.
Beijing Youshi Technology Co., Ltd — its flagship products is Airship, a self driving robot car for retail. It can autonomously navigate and avoid pedestrians along the sidewalk/bicycle lane in the outdoor environment. Users can buy drinks, milk tea, and coffee and so on through scanning the QR code of WeChat or Alipay. Users can also call nearby self driving robot cars for retail through Mini Programs on WeChat to deliver coffee/drinks/other goods.
Contact us for more information about Youshi Technology:
ventures@pnpchina.com
▎Work AI Technology, MINE Technologies exhibited at the 2019 Smart China Expo
Work AI Technology is a manufacturer of wearable equipments and MINE Technologies is a manufacturer of smart home appliances. During the appearance of two Plug and Play China portfolio companies at the 2019 Smart China Expo, a large number of visitors were attracted to visit their booth and interact with them.
▎Plug and Play China Health Batch 0 Selection Day
The Selection Day was held in Shanghai on Aug. 28. Over 140 guests from pharmaceutical enterprises, diagnostic enterprises, equipment enterprises, medical institutions, startups, and medical VCs joined the event.
19 startups pitched around four focus areas: In Vitro Diagnosis, Chronic Disease Management, Mobile Health, and AI/Big Data/Block Chain.
▎Plug and Play China Insurtech Batch 2 started
Plug and Play China Insurtech Batch 2 kicked off in Beijing. 19 startups were selected on Selection Day and joined a three-month acceleration program.
▎Energy & Sustainability Batch 1 Focus Week
During the Focus Week, Plug and Play China startups visited the State Grid and joined workshops on several topics with our mentors to help them accelerate in an all-round way.
▎2019 Science and Technology Innovation Joint Special Road Show “Intelligent Manufacturing”
This event was co-sponsored by Beijing Science and Technology Development Exchange Center, Plug and Play China and VVFIN Short Video Financing Platform and got the guidance of Tsinghua Wudaokou Financial Science and Technology Institute. 8 startups participated in the road show.
▎2019 Smart China Expo FPGA Innovation Global Competition ended
Corerain, PQ Labs and Luxcreo won the Top 3.
Previously, five teams from the Wuhan Division hosted by Plug and Play China were selected to enter the National Finals.
Global Trends
▎Plug and Play and Amazon joined hands to innovate Media & Ad
Plug and Play launched a new vertical of “Media & Ad”. As a founding partner, Amazon Moments will promote technology innovation in the media industry with us.
▎BigID raised $50 M in Series C funding
BigID was founded in 2016, headquartered in New York. Its software helps enterprises better protect privacy information of the customers. In 2018, Plug and Play participate in the BigID’s Series A funding round.
▎5 corporations joined Plug and Play platform
New partners included: Brazil’s largest paper manufacturer -- Klabin, Japan’s largest property/casualty insurance Group -- Tokio Marine Holdings, New Zealand’s largest electricity generator and digital retailer – Contact Energy Ltd, leading systems and solutions provider for aseptic carton packaging -- SIG and Abu Dhabi Commercial Bank, one of the largest banks in the UAE.
