Plug and Play signs a cooperation agreement with Zhangjiang Group on April 23 to build the company's Yangtze River Delta headquarters in Zhangjiang Science City, Shanghai. [Photo/WeChat account: zj-toutiao]
Plug and Play, a global early stage investor and corporate innovation platform, announced its cooperation with Zhangjiang Group on April 23 to build the company's Yangtze River Delta headquarters in Zhangjiang Science City, Shanghai.
The headquarters is scheduled to be put into operation in the fourth quarter of this year, with a total area of 13,000 square meters.
According to Xu Jieping, CEO of Plug and Play China, the headquarters will become the company's second largest center in the world after its global headquarters in Sunnyvale, California, part of Silicon Valley.
"The new headquarters will bring extensive and valuable innovative elements to Zhangjiang Science City and boost technological innovations and startups," said Hou Jing, deputy director of Shanghai's science and technology innovation center construction office.
Plug and Play is one of the earliest and largest technology investors and startup accelerators in the world. Since it came to China in 2015, it has invested in more than 100 Chinese startups.
The interior design of Plug and Play's Yangtze River Delta headquarters in Zhangjiang Science City, Shanghai. [Photo/WeChat account: zj-toutiao]