Plug & Play Topeka
Description
Plug and Play Topeka operates as a specialized accelerator program under the expansive global network of Plug and Play Tech Center, a prominent venture capital firm and innovation platform. Located in Topeka, Kansas, this specific program primarily focuses on fostering innovation within the Animal Health and Ag-Tech sectors. It serves as a crucial bridge, connecting promising early-stage startups with established corporate partners and local stakeholders in the region. The program's core mission is to facilitate collaboration, mentorship, and strategic partnerships, driving technological advancements and economic growth in its focused industries.
Plug and Play Tech Center, the parent entity, is renowned for its vast global footprint, operating across more than 50 locations worldwide. Since its inception, the organization has built a formidable reputation as a leading accelerator, having invested in and supported over 2,000 companies across various industries. Its alumni network is impressive, with companies collectively raising more than $9 billion in follow-on funding, underscoring the platform's effectiveness in nurturing successful ventures. This extensive ecosystem provides startups in programs like Topeka with unparalleled access to a network of mentors, corporate clients, and potential investors.
The investment strategy employed by Plug and Play Topeka, consistent with the broader Plug and Play model, typically involves an initial capital injection as part of its accelerator program. For startups accepted into these programs, the first cheque size generally ranges from $50,000 to $200,000 in exchange for a small equity stake. This initial funding is often accompanied by significant non-monetary value, including structured mentorship, access to corporate pilot programs, and opportunities for direct engagement with industry leaders. While the initial investment is modest, the primary value proposition lies in the strategic connections and potential for substantial follow-on funding from Plug and Play's network or other VCs attracted by the corporate partnerships.
This model positions Plug and Play Topeka not just as a capital provider, but as a comprehensive innovation partner. It enables corporations to scout and integrate cutting-edge technologies, while providing startups with the resources, visibility, and strategic partnerships necessary to scale their solutions within the vital Animal Health and Ag-Tech industries.
Investor Profile
Plug & Play Topeka has backed more than 21 startups, with 18 new investments in the last 12 months alone. The firm has led 20 rounds, about 95% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Non Equity Assistance, Grant, Pre Seed rounds (top funding stages).
- Majority of deals are located in United States, Australia, United Kingdom.
- Strong thematic focus on Agriculture, AgTech, Biotechnology.
- Led 18 rounds in the past year.
- Typical check size: $50K – $200K.
Stage Focus
- Non Equity Assistance (81%)
- Grant (5%)
- Pre Seed (5%)
- Series A (5%)
- Seed (5%)
Country Focus
- United States (48%)
- Australia (14%)
- United Kingdom (10%)
- Canada (10%)
- Germany (10%)
- Switzerland (5%)
- Spain (5%)
Industry Focus
- Agriculture
- Agtech
- Biotechnology
- Artificial Intelligence (Ai)
- Farming
- Information Technology
- Sustainability
- Machine Learning
- Sensor
- Internet
Frequently Asked Questions
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