PlugandPlayChina
璞跃中国
PlugandPlayChina is the Chinese arm of Plug and Play, operating as a venture capital and innovation platform that invests in early-stage startups and runs accelerator programs. The bundle shows it participating as a co-investor alongside top-tier firms: it followed on in Mindverse's angel+ round in 2022 with Linear Capital and Sequoia China seed fund , and re-upped in Noematrix's Pre-A++ round in 2025 alongside Prosperity7 and Sequoia China . Its positioning is as a hands-on, ecosystem-oriented backer rather than a lead investor — typically joining rounds at seed and pre-A stages in AI and hard-tech deals. elsewhere's corpus does not cover its founding date, team size, or full portfolio scale.
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Coverage
Noematrix, an embodied intelligence company, has completed a Pre-A++ funding round of several hundred million RMB, with Yunqi Capital participating | Yunqi Capital
Advancing the Large-Scale Commercial Deployment of Embodied AI
The ChatGPT Tsunami: Mindverse, an AGI Startup Riding the Wave
In the span of roughly a month, AI giants have staged one blockbuster showdown after another, transforming many overnight from "having a vague sense of what AI is" to "harboring vivid imaginings of AGI" (artificial general intelligence). The spectacle traces back to ChatGPT, launched by OpenAI in early December 2022. Even OpenAI, the architect of this explosion, didn't anticipate hitting 100 million monthly active users in 60 days — a milestone that caught CEO Sam A
Mindverse, a Linear Capital angel-round project, secures nearly 100 million RMB in consecutive funding rounds with Linear Capital doubling down
Released the AI character generation engine MindOS.
