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KSA-based AVA secures strategic investment from Plug and Play Middle East to scale cashless payment solutions

Middle East following its participation in the Plug and Play Fintech Accelerator Program. Founded by Aisha Alsaggaf in Saudi Arabia in 2019, AVA, which stands for “A Virtual Advantage,” develops ...
Morningstar%2c Inc.

XELA Robotics Deepens U.S. Market Commitment with Plug and Play Investment and New Sensor Capabilities to be Introduced at the Robotics Summit and Expo in Boston

NEW YORK and TOKYO, April 29, 2026 /PRNewswire/ -- XELA Robotics (www.xelarobotics.com), a specialist in advanced 3D tactile sensors that give robots a human sense of touch, is accelerating its ...
The Information

U.S. Treasury Issues First Fine Over Outbound Investments in China’s Tech Sector

The U.S. Treasury Department said on Wednesday it had fined the parent company of startup accelerator Plug and Play Tech Center, the first penalty issued under an outbound investment restriction ...
The Epoch Times

US Issues 1st Outbound Investment Penalty Over Chinese Robotics AI Deal

The Outbound Investment Security Program, which took effect on Jan. 2, 2025, prohibits certain U.S. investments in Chinese ...