Plug and Play Spain
Plug and Play Spain operates a startup accelerator and investor platform under the global Plug and Play Tech Center brand, connecting early-stage startups with corporate partners in Spain and supporting portfolio growth across verticals including sustainability venture investing.
- Company typePrivate
- Founded2012
- HeadquartersPaterna, Spain
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Plug and Play Spain does
Plug and Play Spain is the Spain-domiciled operation of Plug and Play Tech Center, a global startup accelerator and investor platform headquartered under the brand at plugandplaytechcenter.com. The company connects early-stage startups with industry-leading corporations, operating accelerator programs that provide startups with capital access, corporate partnerships, and ecosystem support in exchange for program participation and deal-flow rights granted to corporate partners. The Spanish entity is based in Paterna and operates with a 501-1,000 employee headcount as part of the broader Plug and Play network.
Under the parent brand, Plug and Play has built out vertical-specific sub-brands, including Plug and Play Sustainability. In November 2024, Plug and Play Sustainability announced the closing of Plug and Play Sustainability Fund I, a dedicated venture fund investing in startups addressing climate change, decarbonization, and water resilience. The fund has already deployed capital into companies such as Vaulted Deep (a carbon removal startup) and has stated plans to make 20 additional investments over the following two years.
The business model combines corporate-sponsored accelerator program revenue with structured venture investing through vertical funds. Specific pricing, program fees, fund size, and revenue figures are not publicly disclosed. Ownership is held under the privately-held Plug and Play Tech Center parent, with no publicly disclosed cap table or shareholder structure. The Spanish entity is led under the broader Plug and Play leadership, including founder and CEO Saeed Amidi and co-founder Alberto Gutiérrez at the parent level.
Plug and Play Spain firmographics
Firmographics- Name
- Plug and Play Spain
- Legal name
- Plug and Play Spain
- Website
- https://plugandplaytechcenter.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Plug and Play Spain operates a startup accelerator and investor platform under the global Plug and Play Tech Center brand, connecting early-stage startups with corporate partners in Spain and supporting portfolio growth across verticals including sustainability venture investing.
- Ownership category
- akta.pro rank
Plug and Play Spain industry classification
Industry- Product category
- Startup Accelerator and Venture Capital
- NAICS
- Promoters of Performing Arts, Sports, and Similar Events without Facilities (711320)
- akta.pro primary industry
- Corporate Venture Studios & Incubators (Build/launch ventures) (FSANAHAC)
Keywords
Where Plug and Play Spain is headquartered
LocationHeadquarters
- HQ city
- Paterna
- HQ country
- Spain
- HQ region
- Europe
Markets served
Plug and Play Spain business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Sustainability Fund investments: Plug and Play Sustainability announced the closing of its Plug and Play Sustainability Fund I, which invests in startups addressing climate change issues such as decarbonization and water resilience, with plans to make 20 additional investments over two years.
Plug and Play Spain product offering
Product offeringCore offering
Plug and Play Spain is the Spain-based arm of the global Plug and Play Tech Center innovation platform, running a startup accelerator and investor program that connects early-stage startups with industry-leading corporations. Through branded verticals such as Plug and Play Sustainability, it also deploys dedicated venture capital funds (e.g., Plug and Play Sustainability Fund I) that invest in startups addressing climate change, decarbonization, and water resilience.
Product overview
The source data does not describe Plug and Play Spain as a unified software product or a platform-plus-modules architecture. Available material points to Plug and Play operating a startup accelerator and investor platform, with a named sustainability-focused offering, the Plug and Play Sustainability Fund I, which invests in climate-focused startups such as Vaulted Deep and plans to make 20 additional investments over two years. Specific product modules or technical sub-offerings beyond the fund are not documented in the provided sources.
Differentiator
Problem solved
Functional benefit
Brands
- Plug and Play Sustainability: Sustainability-focused arm of Plug and Play that operates the Plug and Play Sustainability Fund I to invest in climate-change startups.
Products and services
- Plug and Play Startup Accelerator and Corporate Innovation Platform A startup accelerator and corporate innovation platform that connects the world's best startups with industry-leading corporations. Designed for enterprise corporate partners seeking external innovation and for early-stage startups seeking capital, mentorship, and corporate customer access.
- Plug and Play Sustainability Fund I A dedicated venture capital fund managed by Plug and Play Sustainability that invests in startups addressing climate-change issues such as decarbonization and water resilience. Designed for early-stage climate-tech startups seeking venture funding and corporate partnership support, with 20 additional investments planned over a two-year horizon.
Quantifiable outcome
- Plans to make 20 additional sustainability-focused investments over two years via Plug and Play Sustainability Fund I
Companies that use Plug and Play Spain
Customer profileNamed customers1 record
Ideal customer profiles2 records
Plug and Play Spain technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Plug and Play Spain partnerships and signals
Strategic signalScale indicators2 records
Recent moves4 records
Expansion highlights4 records
Plug and Play Spain competitors and assessment
Company assessmentBroad incumbents
- Plug and Play Tech Center: Global parent brand and the originating accelerator/investor platform. Plug and Play Spain is a regional subsidiary operating under the same corporate-startup matching model, making the parent the closest broad-incumbent comparable.
- Breakthrough Energy Ventures: Bill Gates-backed climate-tech venture fund investing in decarbonization and sustainability startups. Comparable as a deep-pocketed competitor targeting the same Plug and Play Sustainability Fund I verticals.
Direct peers
- Y Combinator: World's largest startup accelerator, providing seed funding, mentorship, and corporate introductions. Operates a similar startup-to-enterprise matching model with global reach, directly comparable to Plug and Play Spain's accelerator offering.
- Techstars: Global accelerator network with corporate-backed programs and accelerator partnerships. Closely comparable to Plug and Play Spain's model of connecting startups to industry-leading corporations.
- SOSV: Global venture capital firm running multiple vertical-specific accelerator programs (e.g., HAX for hardware, IndieBio for biotech). Comparable to Plug and Play's verticalized fund approach including the Sustainability vertical.
- 500 Global: Global venture firm and accelerator with programs in multiple geographies including Europe. Operates a similar startup-accelerator-and-investment model with regional offices.
- Antler: Global early-stage VC and accelerator with strong European presence. Comparable as a startup-formation and early-investment platform connecting founders with capital and corporate partners.
- MassChallenge: Global non-equity startup accelerator with programs across multiple verticals and geographies. Comparable to Plug and Play Spain as a corporate-partnered accelerator platform supporting early-stage founders.
Regional players
- Wayra (Telefónica): Telefónica's corporate-startup accelerator with a strong Iberian footprint. Directly comparable as a Spain-based innovation platform backed by a major corporate, competing for the same local startup ecosystem.
- Lanzadera (Juan Roig): Valencia-based startup accelerator founded by Juan Roig (Mercadona). Regional competitor for Spanish startup deal flow and accelerator programs, geographically adjacent to Plug and Play Spain's Paterna base.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Plug and Play Spain social profiles
Digital presencePlug and Play Spain financial estimates
Financial estimateRevenue estimate
Valuation estimate
Plug and Play Spain leadership team
Management profileNumber of profiles
Profiles2 records
Plug and Play Spain subsidiaries and ownership
Company hierarchySubsidiaries1 record
Plug and Play Spain funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Plug and Play Spain M&A and investment
M&A and investmentM&A
Investments54 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Plug and Play Spain
What does Plug and Play Spain do?
Plug and Play Spain is the Spain-based arm of the global Plug and Play Tech Center innovation platform, running a startup accelerator and investor program that connects early-stage startups with industry-leading corporations. Through branded verticals such as Plug and Play Sustainability, it also deploys dedicated venture capital funds (e.g., Plug and Play Sustainability Fund I) that invest in startups addressing climate change, decarbonization, and water resilience.
Is Plug and Play Spain a public or private company?
Plug and Play Spain is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Plug and Play Spain founded?
Plug and Play Spain was founded in 2012. It employs 501 to 1,000 people.
Where is Plug and Play Spain based?
Plug and Play Spain is headquartered in Paterna, Spain, in the Europe region.
How does Plug and Play Spain make money?
One revenue line is on record: sustainability Fund investments.
Who are Plug and Play Spain's main competitors?
Broad incumbents on record are Plug and Play Tech Center and Breakthrough Energy Ventures. Direct peers are Y Combinator, Techstars, SOSV, 500 Global, Antler and MassChallenge. Regional players are Wayra (Telefónica) and Lanzadera (Juan Roig).
Does Plug and Play Spain have an API?
No public API is recorded for Plug and Play Spain.
What industry is Plug and Play Spain in?
Plug and Play Spain's product category is Startup Accelerator and Venture Capital. Its primary akta.pro industry code is FSANAHAC, Corporate Venture Studios & Incubators (Build/launch ventures). Its NAICS code is 711320.