Plural

Exciting news! 💥 Thrilled to share that we’ve raised a fresh €400M fund to continue backing the most ambitious founders on consequential missions to change the world through technology. This new fund signals a strong belief in the quality of founders and companies emerging from Europe by some of the most sophisticated LPs on both sides of the Atlantic. In our first 18 months, we’ve invested in 26 transformative companies across 6 countries, including Denmark, Estonia, Germany, the Netherlands, the UK and US. These exceptional teams are making important progress across a range of sectors, including AI (e.g. Robin AI or Unitary) frontier tech (e.g. Proxima Fusion or VSPARTICLE ), climate & energy (e.g. Field or Isometric)) and health & tech bio (e.g. Sano Genetics or Teton), and we’re honoured that they’ve chosen Plural to join them on their transformative journeys. We’ve now raised €660M in total to back important missions and have a GDP-level impact in Europe, address systemic risks and reduce the opportunity gap worldwide through the companies we back. Thanks to everyone who has been part of the Plural journey so far. We’re just getting started! https://lnkd.in/epxdmQAG

The hottest startups in Amsterdam 2024. Great to see Monumental in here! Thanks WIRED! https://lnkd.in/ed2yyBbt Monumental is using robotics to automate on-site construction. No prefab, no 3D-printing, no house-sized gantries, just of fleet of autonomous robotic vehicles working together to build masonry walls right there on the construction site. Come join us! We're currently looking for smart engineers who can bridge the gap between robotics and construction in the role of a Forward Deployed Robotics Engineer. Learn more at https://lnkd.in/ea-YXnWH

🚀 Big News: Teton gets access to NVIDIA supercomputer to Transform Healthcare! 🚀 We’re thrilled to announce that Teton is one of the select few already now getting access to harness the power of Denmark's groundbreaking supercomputer, Gefion, in collaboration with NVIDIA. This marks a monumental leap forward in healthcare innovation—not just for Denmark but on a global scale. With Gefion’s unparalleled processing power, Teton is taking spatial understanding in healthcare to the next level to help introduce an AI nurse for every patient. Special thanks to Jensen Huang, Danish Centre for AI Innovation (DCAI) the Novo Nordisk Foundation, NVIDIA, and Export and Investment Fund of Denmark. Our AI team can’t wait to hit the ground running! Let’s get to work! Nvidia article about the project and Teton mention: https://lnkd.in/dnCqDZvr #AI #HealthcareInnovation #Supercomputing #NVIDIA #Teton #DCAI

This week Isometric was named one of Bloomberg's Top 25 UK Startups to Watch. The list highlights innovative companies reinventing health care, finance and now—carbon removal. Thanks to Bloomberg for the recognition and congratulations to the companies that made the list. Read the full story below.

We’re beyond excited to share that Sano has been named one of Bloomberg's Startups to Watch 2024! 🎉🚀 This annual list highlights 25 UK-based startups leading the way in innovation and diversity, and we're honored to be included alongside some truly groundbreaking companies. 🏆 Sano Co-Founder and COO Charlotte Guzzo put it best: "This recognition is a testament to our talented team and unwavering dedication to accelerating the global transition to precision medicine with a tech-forward and patient-centric approach." Learn more: 🧡 Sano press release: https://lnkd.in/eJKw5PV8 💻 Bloomberg article: https://lnkd.in/evwaUij3 #PrecisionMedicine #ClinicalTrials #HealthTech #Innovation

We're thrilled to back the exceptional team at Oriole Networks, as they bring serious ambition, IP and speed to their mission of accelerating machine learning in a low-carbon world through photonics. Oriole Networks, led by co-founders James Regan, Georgios Zervas, Alessandro Ottino & Joshua Benjamin, represents a total paradigm shift rather than incremental approach to making AI data centres more energy and resource efficient. For more context on what this team is doing and why it's so significant, dive into Jeremy Kahn at Fortune's analysis here: https://lnkd.in/eevzE4Xf Plural's Ian Hogarth led the investment and lays out why Oriole Networks is so revolutionary on his blog: https://lnkd.in/emqg3b9E It's great to invest alongside @UCL Technology Fund, @XTX Ventures, @Dorilton and @Clean Growth Fund.

Very excited to lead a $22m Series A for Oriole Networks https://lnkd.in/eFgkhkR8 Jeremy Kahn for covering Oriole and the shift to optical networking for data centres here: https://lnkd.in/e-6PX47D

❓ What are the next set of challenges for AI technology? Turing board member Carina N. will be speaking at the AE Global Summit on Open Problems for AI next week. An AI investor and entrepreneur, Carina founded and was CEO of one of the first AI-driven biotechs, HelixNano, and is a partner at technology venture capital fund Plural. ➡️ At the summit, UK leaders in algorithm development and application will convene to address the pressing questions - find out more: https://bit.ly/3Nw0Y5b

The future of bricklaying is robotic. "We're tens of thousands of bricklayers short in Europe, and robots are the only solution." This is what Monumental is tackling head-on, and it's not just about the technology – it's about outcomes. They've redefined what it means to build, offering completed walls instead of selling machines. This simple shift is revolutionising how construction projects get done. Here’s a sneak peek of what we learnt from our deep dive with them: ‣ A software mindset is key to succeeding with hardware – rapid iteration is everything. ‣ Adapting to existing industry workflows is essential for fast adoption. ‣ The transition from OPEX to CAPEX is about to shake up the construction industry. Today, we release our second Super Series installment featuring Monumental. Get the inside story on Europe's hottest construction robotics company and what it takes to succeed. Want to watch the full documentary? Link in comments.

Isometric today released a protocol for carbon dioxide removal (CDR) via reforestation for public consultation. This protocol brings Isometric’s scientific rigor and tech-enabled transparency to the reforestation industry. Now, buyers have a registry option that’s fast, easy to work with and incorporates the latest approaches to monitoring, reporting and verification (MRV). High quality, trustworthy credits are needed in as many carbon removal pathways as possible to avoid the worst effects of climate change. Trees are one of the most energy efficient forms of carbon removal and we need more of them to meet our climate goals. This is why reforestation is playing a key role in the CDR market today. The protocol offers three key innovations that solve long-standing issues in forestry based carbon removal: tech-first quantification, dynamic baselines and a new approach to leakage and life cycle assessments. This protocol was created in collaboration between Isometric’s in-house Science Team as well as external consultants from academia. The protocol was reviewed by industry leaders in the reforestation market: project developers such as MOMBAK and Arbonics; technology providers such as Pachama; carbon data platforms such as Renoster and Sylvera; and Isometric's 300-member Science Network. Isometric worked with these reforestation leaders to ensure the protocol reflects the best available science, offers flexibility for the operational variety of suppliers and includes the innovative technology solutions available in digital MRV. Scaling carbon removal—responsibly and fast—is key to combating climate change. This protocol raises the bar for quality and trust in reforestation by embedding Isometric’s innovative, technology-first approach in the core of Isometric’s reforestation credits. Read more at the link in comments.