Plural led a $36.5M round A Finnish startup IXI

Venture capital firm Plural has led a $36.5M round A Finnish startup IXI with participation from Tesi, byFounders, Heartcore, Eurazeo, FOV Ventures, Tiny Supercomputer and earlier investors. 

IXI (formerly called Pixieray) was founded in Finland in 2021. The startup develops glasses using innovative technologies that adapt to eye movement and help improve vision. The company's founders are Nico Eiden and Ville Miettinen.

The funding received will be used by IXI to further develop and create the eyewear with real-time gaze tracking and dynamic lens technology.

Founded in 2022 by Estonian entrepreneurs Sten Tamkivi, Taavet Hinrikus, Ian Hogarth, and Khaled Helioui, Plural focuses on leading early-stage rounds between €1M and €10M. In 2023, a new partner, AI-driven biotech HelixNano founder, and VC investor Carina Namih joined Plural. The fund has its own rule that requires all of Plural's partners to make personal co-investments in the deals they lead.

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