Cases
Plug and Play sets up in Copenhagen
Jan 16, 2023 Silicon Valley-headquartered Plug and Play is opening an office in Copenhagen to help drive corporate innovation in Denmark with a strong focus on sustainable solutions.Plug and Play Tech Center’s mission is to drive innovation by connecting entrepreneurs, corporations and investors worldwide.
As a globally leading innovation platform, Plug and Play are known for supporting corporate innovation by building unique ecosystems that connect change-makers and leading organizations to develop and implement the technologies of tomorrow. Their global network consists of 50,000 start-ups, 500+ world-leading corporations, and hundreds of venture capital firms, universities and government agencies across multiple industries.
“Plug and Play’s global accelerator platform and strong venture capital network can bring tremendous value to Denmark’s innovation landscape — empowering Danish start-ups to scale internationally with greater speed, insight, and impact,” says Asbjørn Overgaard, CEO of Copenhagen Capacity
For any successful innovation ecosystem, close collaboration between start-ups and corporates is vital. Plug and Play has championed the model of working closely with large corporates to help map their innovation needs and then scouting and matching them with relevant start-ups that they also help mature and scale.
Strategic support from Copenhagen Capacity helps Plug and Play land in Denmark
Copenhagen Capacity supported Plug and Play, alongside Invest in Denmark, in establishing its presence in Denmark, providing essential market insights, data and guidance on local framework conditions, and facilitating connections with key ecosystem partners to help grow their reach and operations.
“We had a very positive experience and found it very useful to collaborate with Invest in Denmark and Copenhagen Capacity. (...) They provided us with useful data, sector mappings and reports as well as advice on our market entry strategy and valuable insights into the benefits of doing business in Denmark, (...) Overall, their services were invaluable in helping me get our business off the ground in Denmark.” says Jakob Gaard, Country Lead Denmark.
Plug and Play’s focus in Denmark will be on sustainability, well aligned with Denmark’s ambitious target of 70% reductions in CO2 emissions by 2030 (from 1990s levels) and Copenhagen’s goal of becoming the first carbon neutral capital in the world.
