Plural
European venture capital firm founded by experienced tech operators; participated in Phasecraft's $34M Series B (September 2025) and led Hypersonica's €23.3M Series A (February 2026).
Plural is an operator-led European venture capital firm founded in 2022 by four founders with prior exits of their own — Ian Hogarth, Sten Tamkivi, Khaled Helioui, and Taavet Hinrikus (co-founder of Wise and Skype/Teleport) — built around the idea that most European VCs lack operating experience. The firm invests from seed through Series A/B, with partners able to lead rounds and typically make around two investments per year each. Plural raised a €250M debut fund in 2022, a €400M Fund II in 2024, and was reportedly raising toward a €1B Fund III as of 2026.
Overview
- Firm
- Plural
- Headquarters
- London, United Kingdom
- Founded
- 2022
- AUM
- €250M (Fund I, 2022) + €400M (Fund II, 2024) ≈ €650M closed; Fund III reportedly targeting up to €1B as of 2026, not yet closed
- Stages
- Seed, Series A, Series B
- Thesis
- We're the investors we would have liked to have when we were building our own companies — hands-on operator support from founders who have built and exited technology companies themselves, rather than career-finance investors.
Portfolio companies2
Partners4
- FounderIan HogarthBritish tech entrepreneur and AI-policy figure; co-founded concert-discovery startup Songkick (2007) and VC firm fund:plural (2022); chairs the UK's AI Safety Institute (formerly the Frontier AI Taskforce).
- FounderSten TamkiviEstonian tech entrepreneur and operator-investor; longtime Skype executive who ran its Tallinn R&D hub, co-founded and sold relocation startup Teleport, and co-founded VC firm fund:plural (2022).
- FounderKhaled HeliouiTunisian-French venture capitalist and former gaming executive; co-founder of European VC firm Plural, and previously CEO of German games publisher Bigpoint through its 2016 acquisition by China's Youzu Interactive.
- FounderTaavet HinrikusEstonian entrepreneur and investor; co-founder of TransferWise (now Wise), Skype's first employee, and co-founder of European VC firm Plural.
Frequently asked
- What is Plural?
- We're the investors we would have liked to have when we were building our own companies — hands-on operator support from founders who have built and exited technology companies themselves, rather than career-finance investors.
- How much does Plural manage?
- Plural manages €250M (Fund I, 2022) + €400M (Fund II, 2024) ≈ €650M closed; Fund III reportedly targeting up to €1B as of 2026, not yet closed in assets, and was founded in 2022.
- What stages does Plural invest at?
- Plural invests at Seed, Series A, Series B.
Sources & citations4
4 sources behind every claim
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