Silicon Valley company to open its first Africa office in Johannesburg

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Plug and Play a start-up business development accelerator and venture capital company will open its Sub-Saharan Africa office in Johannesburg later this year.

JOHANNESBURG - Plug and Play, a start-up business development accelerator and venture capital company, will open its first African office in Johannesburg this year. The opening of the Joburg office was announced at the company’s recent Covid-19 webinar series titled Digital Solutions for Africa.

The company will also be keeping a very close eye on other main city centres of South Africa such as Cape Town and Durban. If there is a need to expand then it will consider doing so. "We are an innovation platform bringing together an ecosystem of change makers with the aim of helping new technology get to market faster. When we formally launch our services in Johannesburg later this year, our initial focus will be centred around helping corporate South Africa work with start-ups in the execution of their innovation strategies.

“Plug and Play has been in the early stage investment space for over 20 years. Today, it invests in over 300 technology companies worldwide alongside our venture capital partners. Our key value proposition in the venture capital segment has been as a global investor for start-ups that have global ambitions. We have appetite to take a risk on entrepreneurs that are committed to taking a risk on themselves.

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 /  🏆 46. in ZA
 

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