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Plural

GBDEEENLDKSEUSAI/MLDeep TechClimateHealthtechB2B SaaSCybersecurityEnterprise

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Investment thesis

Plural's mission is to have GDP-level impact on Europe, address systemic risks, and reduce the opportunity gap worldwide through the companies it backs. Founded by proven operators and founders — including co-founders of Wise, Skype, and Songkick — Plural believes that 'serious founders deserve investors with company-building experience to match their ambition.' Each partner makes roughly two investments per year into early-stage European tech companies, with check sizes ranging from €1–15 million, enabling deep, hands-on engagement with every portfolio company. Plural focuses on consequential missions in areas such as applied AI, climate, deep tech, frontier science, and healthcare. The firm is drawn to founders tackling systemic challenges — from fusion energy to AI-enabled defence — and brings the 'scar tissue' of having built and scaled companies themselves. Plural does not charge founders legal fees for deals, and each partner signs a service-level agreement with portfolio companies to formalise their commitment to founder support.

Notable quotes

We wanted to build the kind of investment platform we all wished we'd had when we were building our companies. We have the scar tissue of proven entrepreneurs.

Taavet Hinrikus · CNBC, 'Founders of Wise and Skype raise $436 million to back Europe tech' · 2024-01-23

Their peer-reviewed stellarator power plant design concept confirms that fusion really can be commercially viable, and creates an opportunity for Europe to be first to the target.

Ian Hogarth · The Next Web, 'European VCs just made a record bet on this fusion energy underdog' · 2025-06-11

There's a craft to building companies that's under-discussed, and VCs don't talk about it very much. Iconic tech companies like Spotify, DeepMind, Adyen and Stripe are all companies founded by repeat founders. They've developed that craft. So, if you take a first-time founder with, say, a scientific breakthrough, and pair them up with Sten, they'll develop that craft faster.

Ian Hogarth · Skaala, 'Taavet Hinrikus and Ian Hogarth launch €250m VC fund' · 2022-06-01

Recent investments

CompanyRoundSizeDate
Proxima FusionSeed2023-05-29
Robin AISeries A2023-02-27
HelsingSeries B2022-01-01
UnitarySeries A$15m2023-10-16
TetonSeries A2025-09-09
PhasecraftSeries A2025-09-02
IsometricSeed2022-01-01
Orbital MaterialsSeries B$50m2026-05-28
Sano GeneticsSeries A$11m2024-01-22
ValidioSeries A2026-03-05

Frequent co-investors

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