Wise Co-Founder Taavet Hinrikus has launched an investment platform.
In Brief:
Plural has been set up as an investment platform which includes former founders and operators.
Its first fund is €250mn for early-stage ventures.
Hinrikus is joined by a number of former founders with experience building companies.
What does this mean?
Plural says just eight per cent of investors in Europe are former operators, and as such it aims to bring a solution by bringing together those who have previously founded and run businesses to invest at an early stage so founders can benefit from their experience.
