E304 | EUVC | Carina Namih and Sten Tamkivi from Plural on getting Europe from “Old School VC” to Next Gen VC

Today, we have Carina Namih and Sten Tamkivi with us. Carina and Sten are Partners at Plural, a 400M EUR early-stage venture fund to back ambitious European founders on massive missions with hands-on help from experienced operators.Plural launched in June 2022 with the aim to give serious founders in Europe investors with company-building experience to match their ambition. Plural’s mission is to have a GDP-level impact on Europe, address systemic risks, and reduce the opportunity gap worldwide through the companies it backs.Plural has just announced its second fund with a total of 650M AUM and an established portfolio of 25 companies and notable investments, including Ready Player Me, Robin AI, and Unitary. Plural’s team is split between Tallinn, Estonia (where Sten is from) and London (where Carina is from).Go to eu.vc for our core learnings and the full video interview 👀Chapters:01:37 Karina's Journey from Biotech Founder to Venture Capitalist03:14 Stan's Path: From Entrepreneur to Plural Partner04:57 Raising a Fund in a Challenging Market07:02 Plural's Investment Strategy and Focus15:52 Plural's Unique Approach to Adding Value for Founders23:03 Scaling the Impact: Plural's Vision for Europe's Tech Ecosystem25:21 Addressing the Critiques: A Candid Look at the VC Landscape29:25 Challenging the Status Quo in VC Practices30:20 The Philosophy Behind Investment Decisions30:47 Strategic Follow-On Investment Approach31:55 Innovative Decision-Making in Investment Committees34:02 The Unique Approach to Follow-On Investments42:14 Building the Plural Platform: Insights and Strategies58:13 Uncommon Beliefs and the Future of European Tech