Plug and Play Launches the First Startup Accelerator in Tokyo

Plug and Play announced today it will launch the first startup accelerator program in Tokyo this fall, partnering with Mitsubishi UFJ Financial Group (MUFG). Plug and Play is the world's largest accelerator, having worked with more than 6,000 startups and 180 official corporate partners. MUFG's core banking arm, The Bank of Tokyo-Mitsubishi UFJ, Ltd., a Plug and Play partner for 2 years, has picked up this initiative and has become the first partner of Plug and Play Japan. Japan represents the 10th country Plug and Play has entered internationally to create new entrepreneurship initiatives.

To date, Plug and Play has invested in over 600 companies that have continued on to raise $6 billion in venture funding. Plug and Play's biggest differentiator from other startup programs is their ability to connect startups and corporations. MUFG aims to use Plug and Play's ability to attract global startups to innovate in Japan.

Read more here: http://www.prnewswire.com/news-releases/plug-and-play-launches-the-first-startup-accelerator-in-tokyo-300468721.html