# Plural: portfolio, investments and team

> Plural is a vc firm based in United Kingdom. 26 investments on record, 15 in the last 12 months, latest Sept 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/plural (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Investor](https://millionrounds.com/investors)

# Plural

Last cheque observed Sep 2026; 26 cheques on record.

Email

Deploying now New fund $14M, Dec 2025 VC firm Website unconfirmed

Seed Series A Education Governance Health

Follow Plural and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fplural)

Deploying now

**94%** of best year **15** **cheques in 12 months**, 26 on record

Since the last cheque **31** days **00** hrs **00** min **00** sec

Median round **$40M** Rounds led **16 of 26** Sole investor **1 rounds** Mostly in **United Kingdom, 50%**

Pitch Plural

## Plural highlights

- 01 15 cheques in the last 12 months
- 02 Mostly Series A and Series B: 71% of its rounds
- 03 Sole investor in 1 rounds, median $28M

## What they do

- **Type:** VC firm
- **Cheque size:** Not stated
- **Stages:** Seed Series A
- **Sectors:** Education Governance Health
- **Based in:** London, United Kingdom
- **Cold pitches:** Accepted

A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. [Tell us the right one](https://millionrounds.com/corrections?slug=plural).

## The record

Every round we can evidence, newest first **26 appearances**

- **2026** 15 rounds
- **Sept** **[Metaview](https://millionrounds.com/company/metaview)** Series C · GB · Seedcamp **$60M** With 6 others
- **Sept** **[The Exploration Company](https://millionrounds.com/company/the-exploration-company)** Series C · DE · Firms' own news pages **$450M** With 11 others
- **Aug** **[Callosum](https://millionrounds.com/company/callosum)** Seed · GB · AlbionVC **$100M** With 4 others
- **Aug** **[Ore Energy](https://millionrounds.com/company/ore-energy)** Series A · NL · Firms' own news pages **$43M** *Led*
- **Aug** **[Olix](https://millionrounds.com/company/olix)** Growth · GB · Isomer Capital **$312M** With 12 others
- **Jul** **[Helsing](https://millionrounds.com/company/helsing)** Series E · DE · TechStartups **$1.8B** With 12 others
- **Jul** **[Proxima Fusion](https://millionrounds.com/company/proxima-fusion)** Series B · DE · TechStartups **$468M** With 12 others
- **Jun** **[Everlab](https://millionrounds.com/company/everlab)** Series A · AU · Firms' own news pages **$65M** With 5 others
- **Jun** **[Gigaton](https://millionrounds.com/company/gigaton)** Series A · GB · Ventureburn **$26M** *Led*
- **May** **[Orbital Industries](https://millionrounds.com/company/orbital-industries)** Series B · GB · Ventureburn **$50M** *Led*
- **May** **[CircuitHub](https://millionrounds.com/company/circuithub)** Series A · GB · Ventureburn **$28M** *Led*
- **Apr** **[Rivan](https://millionrounds.com/company/rivan)** Series A · GB · Ventureburn **$34M** With 4 others
- **Mar** **[Augur](https://millionrounds.com/company/augur)** Seed · GB · Ventureburn **$15M** *Led*
- **Mar** **[Validio](https://millionrounds.com/company/validio)** Series A · SE · Ventureburn **$30M** *Led*
- **Feb** **[Frankenburg Technologies](https://millionrounds.com/company/frankenburg-technologies)** Series A · EE · Ventureburn **$35M** *Led*
- **2025** 9 rounds
- **Oct** **[CoMind](https://millionrounds.com/company/comind)** Series A · GB · Entrepreneur First **$60M** *Led*
- **Sept** **[Teton.ai](https://millionrounds.com/company/teton-ai)** Series A · DK · TechStartups **$20M** *Led*
- **Sept** **[Phasecraft](https://millionrounds.com/company/phasecraft)** Series B · GB · UCL Technology Fund **$34M** *Led*
- **Jun** **[Helsing](https://millionrounds.com/company/helsing)** Series D · DE · TechStartups **$694M** With 7 others
- **Jun** **[Proxima Fusion](https://millionrounds.com/company/proxima-fusion)** Series A · DE · DTCF DeepTech & Climate Fonds **$150M** With 12 others
- **May** **[Rivan](https://millionrounds.com/company/rivan)** Seed · GB · Silicon Canals **$13M** *Led*
- **Apr** **[IXI](https://millionrounds.com/company/ixi)** Series A · FI · TechCrunch **$37M** *Led*
- **Feb** **[Relay](https://millionrounds.com/company/relay)** Series A · GB · TechCrunch **$35M** *Led*
- **Jan** **[Robeauté](https://millionrounds.com/company/robeaute)** Venture · FR · Silicon Canals **$28M** *Led*
- **2024** 2 rounds
- **Nov** **[The Exploration Company](https://millionrounds.com/company/the-exploration-company)** Series B · FR · Crunchbase News **$160M** *Led*
- **Oct** **[Oriole Networks](https://millionrounds.com/company/oriole-networks)** Series A · GB · UCL Technology Fund **$22M** *Led*

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **11 named**

CN **Carina Namih** Shareholder i Form ADV

CW **Christopher Waller** Manager of the Investment Manager i Filing they signed

EG **Emiliano Giubileo** Class A Manager i Filing they signed

EH **Estelle Hansen** Class A Manager of the General Partner i Filing they signed

FG **Francesco Giuseppe Cavallini** Class A Manager of the General Partner i Filing they signed

IR **Ian Robert Ponder Hogarth** Shareholder and Director i Form ADV

KH **Khaled Helioui** Director of Plural UK Management Limited, Class B Manager i Filing they signed

MS **Matthew S. Grossman** Executive Officer i Filing they signed

TH **Taavet Hinrikus** Class B Manager i Filing they signed

VU **Verner Uibo** Class B Manager of the General Partner i Filing they signed

VK **Victoria Kennard** Class B Manager of the General Partner i Filing they signed

We also hold **11** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$2.3B** gross assets of its funds, 3 advisers combined Oct 2026

**21+** funds on file numbered funds in its name

**Exempt** reporting adviser venture or small private funds

- **Legal name:** AS Plural Estonia
- **SEC number:** CRD 339695

## What they claim to have backed

From their own portfolio page (on their website)

**0** of 2 we have independently watched raise

Brand assets Investor portal

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

New fund on file

**$14M**

raised in Dec 2025

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A

Median round joined **$40M** the round, not its cheque Alone, median **$28M**

Led 16 of 26 rounds **62%**

- **Sole investor:** 1 rounds
- **Last cheque:** Sept 2026

Rounds by stage said on their site

- Series A said *13*
- Series B *4*
- Seed said *3*
- Series C *2*
- Venture *1*
- Series D *1*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) 5
- [Balderton Capital](https://millionrounds.com/fund/balderton-capital) 4
- [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) 4
- [LocalGlobe](https://millionrounds.com/fund/localglobe) 3
- [20VC](https://millionrounds.com/fund/20vc) 2
- [Accel](https://millionrounds.com/fund/accel) 2

**Pitching Plural?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Plural. A count of rooms they were both in, not a relationship either has claimed.

[**Cherry Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/cherry-ventures)[**Balderton Capital** VC firm **4** rounds together](https://millionrounds.com/fund/balderton-capital)[**Lightspeed Venture Partners** VC firm **4** rounds together](https://millionrounds.com/fund/lightspeed-venture-partners)[**LocalGlobe** VC firm **3** rounds together](https://millionrounds.com/fund/localglobe)[**20VC** VC firm **2** rounds together](https://millionrounds.com/fund/20vc)[**Accel** VC firm **2** rounds together](https://millionrounds.com/fund/accel)[**AlbionVC** VC firm **2** rounds together](https://millionrounds.com/fund/albionvc)[**Atomico** VC firm **2** rounds together](https://millionrounds.com/fund/atomico)[**Bessemer Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/bessemer-venture-partners)[**Bpifrance** Government **2** rounds together](https://millionrounds.com/fund/bpifrance)[**Clean Growth Fund** VC firm **2** rounds together](https://millionrounds.com/fund/clean-growth-fund)[**DTCF DeepTech & Climate Fonds** VC firm **2** rounds together](https://millionrounds.com/fund/deeptech-and-climate-fonds-dtcf)

## Recently backed

The latest companies Plural put money into.

[**The Exploration Company** $450M · Sept 2026](https://millionrounds.com/company/the-exploration-company)[**Callosum** $100M · Aug 2026](https://millionrounds.com/company/callosum)[**Ore Energy** $43M · Aug 2026](https://millionrounds.com/company/ore-energy)[**Olix** $312M · Aug 2026](https://millionrounds.com/company/olix)[**Helsing** $1.8B · Jul 2026](https://millionrounds.com/company/helsing)[**Proxima Fusion** $468M · Jul 2026](https://millionrounds.com/company/proxima-fusion)

## Mentioned on podcasts

Episodes that name Plural in their description, not their title.

- [Scaling Europe](https://millionrounds.com/podcasts/scaling-europe) 20 Aug 2026 · 36 min Danyal Akarca, Co-founder at Callosum: BREAKING: Callosum raised $100m Seed Mentions [Atomico](https://millionrounds.com/fund/atomico)[DCVC](https://millionrounds.com/fund/data-collective)[Plural](https://millionrounds.com/fund/plural) Apple PodcastsShow page
- [Scaling Europe](https://millionrounds.com/podcasts/scaling-europe) 29 Jun 2026 · 21 min Jonathan Godwin, CEO at Orbital: Orbital raised $50m Series B Mentions [Plural](https://millionrounds.com/fund/plural) Apple PodcastsShow page
- [Startup Europe](https://millionrounds.com/podcasts/sifted) 29 Jan 2026 · 24 min The 26 startups to watch in 2026, plus cities, sectors and investors on the up Mentions [Plural](https://millionrounds.com/fund/plural) Apple Podcasts
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 28 Apr 2025 · 58 min 20VC: VCs are Spreadsheet Monkeys and are Commoditised | Why Fees and Carry Misalign GPs and LPs | Why Founders Will Realise Multi-Stage Funds Damage Seed Rounds | Why We Need European Sovereignty More Than Ever with Taavet Hinrikus Mentions [Taavet Hinrikus](https://millionrounds.com/fund/taavet-hinrikus)[Plural](https://millionrounds.com/fund/plural) Apple PodcastsShow page
- [Equity](https://millionrounds.com/podcasts/equity) 26 Jan 2024 · 32 min Brex and the curse of having too much money Mentions [Plural](https://millionrounds.com/fund/plural) Apple PodcastsShow page

## Quick answers about Plural

### What does Plural invest in?

Plural invests most often at Series A and Series B (71% of the rounds on record), in sectors such as Education, Governance and Health.

### How active is Plural?

26 investments on record, 15 of them in the last 12 months, and it led 16. The most recent was in Sept 2026.

### What has Plural invested in recently?

Its most recent investments on record: Metaview (Series C, Sept 2026), The Exploration Company (Series C, Sept 2026) and Callosum (Seed, Aug 2026).

### How big are Plural's cheques?

The median round it joins is $40M.

### Does Plural lead rounds?

Yes: it led 16 of its 26 investments on record (62%).

### Where does Plural invest?

Most of the companies it backs are in the United Kingdom (50%), Germany (19%) and France (8%).

### Is Plural investing now?

Yes: it is actively investing, with 15 investments in the last 12 months.

### Who does Plural invest alongside?

Most often Cherry Ventures (5 rounds together), Balderton Capital (4 rounds together) and Lightspeed Venture Partners (4 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=plural) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=plural)