The partnership provides Bank of the West and BNP Paribas with enhanced opportunities related to the Silicon Valley startup ecosystem, such as scouting and engagement with startups, new technology monitoring, and learning expeditions. Becoming a corporate member also contributes to building a bridge with Plug and Play’s worldwide partners and joint ventures, providing them with insights related to digital innovation and the fintech marketplace.
Founded in 2006, Plug and Play Tech Center is a global technology accelerator and venture fund including entrepreneurs from 24 countries over 350 startups and 300 corporate partners. Plug and Play provides active investments with 180 leading Silicon Valley VCs, and more than 365 networking events per year.
Companies in the community have raised over $3.5 billion in funding, with exits including Danger, Dropbox, Lending Club, PayPal, SoundHound, and Zoosk.