Plural, a new investment platform started by the founders and backers of some of Europe’s most significant tech companies, has launched, along with a €250 million early stage venture fund to back the next generation of founders with global ambitions.
Plural, a new investment platform started by the founders and backers of some of Europe’s most significant tech companies, has launched, along with a €250 million early stage venture fund to back the next generation of founders with global ambitions.
Set up by Ian Hogarth, Khaled Heloiu, Sten Tamkivi and Taavet Hinrikus – with other recognised founders who will announce themselves soon – Plural is a scalable investment platform whose investors are exclusively former founders and operators with decades of company building experience.
Plural’s intention is to be a more hands-on investor, with a focus on leading early stage rounds between €1 and €10m.
Between them Hinrikus, Tamkivi, Hogarth and Heloui have founded four startups – Wise, Songkick, Teleport and Certific – and played a significant role in building three companies, including Skype, Bigpoint and Topia. All four operators turned investors have also been angel investing for years, with significant success. Companies in their portfolio include Deliveroo, Hopin, Pipedrive, Chorus, Uber, Zego and Bolt. As Plural, they have already invested in 14 companies including Feather, NFTport an NFT infrastructure company, energy storage company Field, metaverse company Ready Player Me and student banking challenger MOS.
