Plug and Play

Plug and Play, an ultimate innovation platform. We connect the best technology startups and the world’s largest corporations.In the year 2016, Plug and Play expanded its business to China, and Plug and Play China was formally established. Currently, Plug and Play China has 3 regional innovation hubs in Beijing, Shanghai, and Shenzhen. Also, we have

Portfolio
2 companies
Tracked Valuation
$3B
Companies Valued
1 of 2
Location
China
Founded
2016
Team size
106

Investment focus

Plug and Play's portfolio on More Capital spans transportation & logistics, fintech. The firm is based in China. Of the 2 portfolio companies tracked here, 1 have publicly reported valuations totaling approximately $3B.

If your company is backed by Plug and Play

Employees at companies backed by Plug and Play may encounter this fund's name on their cap table, in board communications, or in funding announcements. Understanding who invests in your employer can provide useful context when evaluating your equity.

What this means for your stock

Institutional investors like Plug and Play typically hold preferred shares with rights that differ from the common stock or options held by employees. In a liquidity event, preferred shareholders may have liquidation preferences, anti-dilution protections, or board-level governance rights that affect the value of common equity. The specific terms depend on each company's funding agreements.

Secondary market considerations

Some venture-backed companies allow employees to sell shares on secondary markets, while others restrict transfers. Whether your company permits secondary sales, and under what conditions, is typically governed by the company's equity plan and any applicable right-of-first-refusal provisions — not by the fund itself. However, the presence of institutional investors can sometimes signal the maturity and governance structure of the company.

Work at a Plug and Play-backed company?

Get personalized guidance on your equity — including valuation context, exercise planning, and liquidity options for employees at Plug and Play portfolio companies.

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Plug and Play portfolio companies

2 companies tracked on More Capital, sorted by reported valuation. 1 companies do not have a publicly reported valuation.

Top holdings by valuation

By sector

Fintech (1)

Transportation & Logistics (1)

Latest Plug and Play news

Industries invested in

Frequent co-investors

Funds that most frequently co-invest alongside Plug and Play in the same companies.

Last verified: 2026-05-28

Portfolio data compiled from public filings, press releases, and industry databases. Valuations are reported figures and may not reflect current market conditions. Not investment advice. Consult a qualified advisor before making financial decisions.