Plug and Play selected 22 startups for Batch Four of its Supply Chain Innovation Program
Global innovation platform and the world’s largest startup accelerator, Plug and Play, announced today it has selected 22 startups selected to participate in the 12-week Supply Chain Innovation program. It’s the world’s largest end-to-end supply chain innovation platform. The Supply Chain accelerator is a 12-week program designed for early and growth-stage startups to build their business and meet major corporate clients. The company made the announcement during its Batch Four selection week of Plug and Play Supply Chain Program hosted in Silicon Valley from February 4 to February 7, 2019.
Founded in 200t by Saeed Amidim, Plug and Play connects startups to corporations, and invest in over 100 companies every year. Their success stories also include PayPal, Dropbox, SoundHound, Naturebox and Lending Club. Plug and Play is a network startup accelerator and corporate innovation platform. The company’s global headquarters is based in Silicon Valley and 22 locations across the world. Plug and Play runs two programs per year in each industry and location, totaling 50 accelerator programs per year.
The 40 startups that attended selection week had been narrowed down by the Plug and Play Supply Chain team from almost 500 initial startup entries. The participating startups came from around the world, representing countries such as Australia, Brazil, Canada, China, France, Germany, Israel, and Singapore.
Each startup pitched its company proposal to over 20 corporate partners during section week. Corporate partners had the opportunity to ask questions directly to each startup’s representatives and learn more about their objectives. Startup representatives and corporate partners also participated in workshops and networking events as part of the selection week programming.
The following 22 startups have been selected for Plug and Play’s 12-week Supply Chain Innovation program: Arviem, Atollogy, Autobon, Boxbot, Descartes Labs, Fitter, FleetUp, Hopstack, InOrbit, InstaDeep, Jackfruit Systems, Kinema Systems, LogiNext, MonoLets, The Morpheus Network, NextQuestion, Parsyl, Platform Science, Project Cosimo, SnapSupport, and Zorroa.
“We are excited to have this world class cohort of startups with us for the next few months. We are confident that they will succeed, and we can’t wait to see them reach new milestones,” said Farzin Shadpour, Managing Director of Plug and Play Supply Chain.
The selected startups will further develop their businesses as they work alongside Plug and Play Supply Chain’s corporate partners. These corporate partners include AddVentures by SCG, ArcelorMittal, BASF, Braskem, CMA CGM, DHL, Ericsson, ExxonMobil, Geodis, L’Oréal, Lufthansa Cargo, Panalpina, Panasonic, Prologis, PVH Corp., Ryder, Swiss Post, TJX, Union Pacific, USPS, and Yamato Transport. Startups and corporate partners will work together during the 12-week program to evaluate pilot projects and investment opportunities. The program will culminate with a week-long exposition in May 2019.