In October 2005, with a donation of US$35 million, Plattner founded the Hasso Plattner Institute of Design at Stanford University. Students of varying disciplines have been charged with the development of user-friendly innovations. Another of Plattner's pledges to promote science was of €10 million to redevelop the library at the University of Mannheim, Germany, given in 2003.
HassoPlattnerVentures, a venture capital fund, was set up with more than 25 million euros on 1 July 2005 in Potsdam with the goal of supporting young entrepreneurs in transforming their ideas into marketable products. As of December 2009 HPV manages €150 million and has 17 companies in its portfolio. An affiliate fund, HPV Africa, was founded in 2008 with €29 million, and has already invested in five companies. Plattner provides the lion's share of this investment capital.