Monthly Reading | Plug and Play Global Trends in September
Global Trends
▎Plug and Play launches in Bangkok, London and Sao Paulo
Bangkok office in Thailand pays attention to Smart City, Real Estate Technology, Mobility, Internet of Things and Sustainability.
London Office in UK focuses on Insurtech, Smart City, Fintech, Health & Wellness, Mobility, etc.
Sao Paulo Office in Brazil focuses on Food, Agtech and Fintech.
▎Plug and Play Japan 2019 Summer/Fall Summit is held in Tokyo
The Summit covers five vertical areas: Fintech, Insurtech, Brand & Retail, Internet of Things and Mobility, with a total audience of more than 2,000.
▎Five corporations join Plug and Play Ecosystem
Our new partners include electronic brake system supplier -- WABCO, Latin America’s largest integrated vertical producer of pulp and paper -- Suzano, Latin American telecom operator -- Claro, the first credit card brand in Brazil -- Elo, and Brazilian Financial Services Corporation -- Sicoob.
China Trends
▎Plug and Play China 2019 Winter Summit will be held in November.
The three-day event will cover nine vertical areas, including Internet of Things, Real Estate Technology, Energy & Sustainability, Insurtech, Supply Chain, Brand & Retail, Fintech, Mobility, Travel & Hospitality. It is expected that more than 700 audiences will attend.
▎“Entrepreneur’s Harbor” Innovation incubation base is officially launched in Shenzhen.
This base is co-operated by China Construction Bank and Plug and Play China, and is the first Fintech innovation Incubation Platform initially set up by a bank in China.
▎Plug and Play China participated in the Round A financing of self-driving company AutoX.
Self-driving company AutoX declared that it had finished its Round A financing with 100 million dollars.
This round of financing is led by the investment of Dongfeng Motor, and followed by the investment of Alibaba Entrepreneurs Fund, Plug and Play China and many well-known financial investment institutions at home and abroad.
▎Star of Startups in September 2019：Tpson
Investors of Plug and Play China select a star startup with technology, market and prospects every month. The Star of this month is Tpson, an AI enterprise.
Tpson is the first AI enterprise in the world to implement current fingerprint technology in terminal computing. Its core members come from Qualcomm DVEL Laboratory, one of the three most prestigious laboratories in the field of current fingerprint technology worldwide. Tpson’s self-developed fire protection early warning system based on current fingerprinting technology helps cities reduce fire by 47.2% in Jinhua Program.
In addition, this technology won the second place in Qualcomm’s Global Frontier Technology Selection, the second place in Intel Global AI Selection. It is also recognized by the most authoritative laboratory of artificial intelligence---Zhijiang Laboratory in Zhejiang Province and obtained the First “Zhijiang Cup” Global Artificial Intelligence Gold Award.
▎Work with Donghua Automobile and SAIC California Innovation Center to Enpower Mobile Travel
Plug and Play worked with Donghua Automobile Co,.Ltd. and SAIC Motor Group and officially signed a strategic cooperation agreement to jointly build a technology innovation platform in Nanjing to dock global recourses, attracting sci-tech enterprises related to mobility industry to join in and speed up its incubation.
▎Peter Xu, CEO of Plug and Play China, delivers a keynote speech at AmCham 2019 Technology and Innovation Summit
As a digital circle partner of AmCham Technology and Innovation Initiative, Plug and Play is invited to the summit. Peter Xu gave a speech on “the Startup Economy”.
6 portfolio companies of Plug and Play China presented their products and interacted with corporate judges.
▎2019 Fall Cross-border Tour leads overseas startups into China’s cities
In the one-week cross-border tour, the Plug and Play cross-border team led over ten overseas startups to visit cities such as Shanghai, Wuxi, Guangzhou, Foshan, Shenzhen, Nanjing, Jiaxing, etc., and deeply interacted with local government departments and leading enterprises.
▎2019 Fall Innovation Week is held in Shanghai
We held many Selection Day, Focus Week, Global Startup Roadshow and other activities of 5 verticals including Health & Wellness, Insurtech, Brand & Retail, Supply Chain, Food & Packaging.
▎Health + Insurance Co-organized “Innovative Salon for Chronic Disease Management”
Well-known corporations from home and abroad, technological innovation startups in the medical and insurance industry jointly explored innovative business models in the chronic disease ecosystem.
Plug and Play China also invited expert mentors in law, investment and other industries to guide entrepreneurs in related directions.
▎Supply Chain | Brand & Retail Batch 2 Selection Day
Focusing on current hot spots, we help corporations to select high-quality startups to achieve win-win cooperation.
In the next three months, startups that are selected by corporations on Selection Day will carry out online and offline communication, concept validation, experiment and implementation together, and the results will be displayed publicly in November.
▎Food & Packaging Global Roadshow in China
Founded in 2017, Plug and Play Food & Packaging has cooperated with over 20 world-renowned food and beverage companies. After entering China, the project will drive $700 billion food and beverage market with technological innovation.
▎Family Business Ftrans cooperated with the largest car seat manufacturer in China
Ftrans is invested and incubated by Plug and Play China. Recently, it signed a contract to provide enterprise document security exchange software products to the largest domestic car seat manufacturer -- Yanfeng Adient.
