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Search resuls for: "Sten Tamkivi"


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The founders of Wise, Skype and Songkick have raised 400 million euros ($436.4 million) for a new fund to back technology startups in Europe. Plural Fund II, the firm's second to date, arrives just 18 months after the firm raised its last fund, a 250 million-euro vehicle. Only 8% of VCs in Europe are former founders, he says, much lower than the 60% in the United States. So, if we look at the track record, and our ability to get the deals done, I think that all seems to say that this is really missing in Europe," Hinrikus added. Plural raised the funds from a mix of limited partners, including British and American university endowments, U.S. foundations and insurers, strategic family offices in Europe and the United States.
Persons: Wise, Taavet Hinrikus, fintech, Ian Hogarth, Sten Tamkivi, Khaled Helioui, Hinrikus, they're, we've, Carina Namih Organizations: Skype, Balderton, Bigpoint, CNBC Locations: Europe, VCs, United States, American
The company develops new materials using nanoparticle printing tools. A Dutch startup developing new materials using nanoparticles has secured $15.8 million in a round led by Plural. VSParticle, which launched in 2014, aims to cut the time it takes to engineer new materials with its nanoparticle printing tools, which break down materials into the size of nanoparticles so they can be reassembled. "With VSParticle's technology, we can reduce the time it takes for material discovery from 15 years to only one," van der Vugt added. Currently, the startup makes its money by selling its nanoparticle printing tools to universities, and research and development teams, which form the bulk of its client base.
Persons: Aaike van der, VSP, van, Vugt, van der, Sten Tamkivi Locations: European
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