- CEO
- Kanishka B. Roy
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 2021 Fillmore Street San Francisco CA United States of America 94115
- IPO Date
- Mar 16, 2021
- Business
- Plum Acquisition Corp. I (PLMIU) is a blank check company, or special purpose acquisition company (SPAC), formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, with a focus on sectors including emerging technology, health care, and consumer-driven enterprises; it offers no current products or services beyond its SPAC structure, which provides public market access to private targets via units comprising common shares and warrants that convert upon deal completion. Founded in 2021 and headquartered in San Francisco, California, the company operates globally and functions as a subsidiary of Plum Partners, LLC, leveraging management expertise from leaders including CEO Kanishka Roy, Mike Dinsdale, and Ursula Burns to identify high-growth opportunities. In its most significant development, Plum completed a business combination with Veea Inc., a provider of edge-to-cloud computing solutions including VeeaHub smart computing hubs that integrate connectivity, application processing, and security for IoT, smart buildings, energy, cities, and other verticals, on September 16, 2024, following a letter of intent in November 2023, approval votes in June 2024, and private placements raising approximately $51 million; the deal valued the combined entity at around $335 million enterprise value and resulted in the post-merger company trading under Veea symbols (formerly PLMI/PLMIU).