Sten Tamkivi’s and Taavet Hinrikus’s Plural invested in Danish healthtech Teton

Sten Tamkivi’s and Taavet Hinrikus’s venture fund Plural Platform invested in Danish AI support for nurses Teton. The $5,3M round was led by Plural Platform with the participation of business angel Finn Murphy (who formerly worked at Dublin-based venture firm Frontline Ventures) and others.

Teton.ai was founded in Copenhagen in 2020 by Mikkel Wad Thorsen and Esben Klint Thorius. The startup's solution uses computer vision to alert nurses of any activity in the patient ward, especially when a patient’s behavior requires direct or critical care. With its help, nurses can monitor patients in real time and continue doing paperwork. Teton provides sensors for the cameras which would scan the wards for updates and patient activity which is then fed back into a web application.

The startup will use financing to expand its engineering and commercial teams and to scale up the product in Denmark and the global market.

Plural Platform is a €250M fund started by Sten Tamkivi (founder of software company Teleport, acquired by Topia), Taavet Hinrikus (money transfer service Wise founder), Ian Hogarth, and Khaled Helioui in 2022. It focuses on leading early-stage rounds between €1 and €10M. Recently the fund has invested in the UK-based platform Robin AI, which helps companies with contract drafting and editing, and London-based AI technology Unitary, which moderates harmful content online.