Investment firm Plural recently launched Plural Fund II to support European start-ups. 💸 Founder led venture capital fund $436 Million Plural Fund II. 💡’The fund’s largest sectors by investment are #AI, frontier technology, and #climateTech and energy. Plural has already made 27 investments in various sectors such as law-focused artificial intelligence, nuclear fusion power plant development and drug discovery platforms.’ 🌍 ‘Plural aims to make early-stage investments ranging from €1 million to €10 million into European startups.’ 📈 Plural recognizes that there is a scarcity of investors who have first-hand experience in growing tech companies in Europe. Plural’s founders include Taavet Hinrikus (co-founder of Wise), Sten Tamkivi (co-founder of Skype), Ian Hogarth (co-founder of Songkick) and Khaled Helioui (former CEO of Bigpoint GmbH). 💭 “Only 8% of venture capitalists in Europe are former founders, compared to 60% in the United States. As such, Plural believes that its founder-led approach will make a significant difference in supporting European entrepreneurs." - Taavet Hinrikus, Plural Partner 🗞️PYMNTS https://lnkd.in/eSZsKUsC 👏 For the #AudaciousInvestors unleashing innovation and empowering tomorrow🚀 Taavet Hinrikus I Carina N. I Khaled Helioui I Sten Tamkivi I Eliza Dabney I Tamsin Ashworth Reeves I Daniel Tarver I Team Plural … #venturecapital #vc #funds #startups #entrepreneurs #funding #tech #entrepreneurship #technology #innovation #europe
