European investment firm Plural launches 400 million euros tech-focused fund

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Reuters UK

By Sudip Kar-Gupta PARIS (Reuters) – European venture capital fund Plural, whose investors include Taavet Hinrikus who co-founded money transfer company Wise Plc, launched on Tuesday a new 400 million euros ($435 million) fund focusing on the tech and artificial intelligence sector. “By supporting the most ambitious founders with our hard-won experience, we’re determined to build enduring global companies that will have a GDP-level impact and be transformative for economies and society,” said Hinrikus in a statement. The new fund comes after Plural launched in June 2022 with an initial 250 mil…

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