Atomico

Atomico is a European venture capital firm headquartered in London, with offices in Paris, Beijing, São Paulo, Stockholm, and Tokyo. Its founder and CEO is Niklas Zennström, a serial entrepreneur who co-founded Skype and Kazaa.[1] The team includes Hiro Tamura, Chris Barnes, Siraj Khaliq, Ben Blume and Niall Wass. [2]

This article is about the firm. For the TV show, see Atómico.
Atomico
TypePrivate
IndustryVenture capital
Founded2006
FounderNiklas Zennström
ProductsVenture capital, growth capital
Number of employees
57
Websitewww.atomico.com

Focus

The company invests at Series A onwards partnering with game changing founders across the consumer, enterprise and frontier technology sectors. Zennström has stated that he founded the company in 2006 after "seeing that new technology would disrupt not just consumer markets, but the venture-capital industry itself".[3]

History and investments

The firm has raise five funds, and invested in more than 130 companies to date.

In January 2006, the company completed a fund raise for Atomico Ventures I, for an undisclosed amount.[4]

In March 2010, the company completed a $165 million fund raise for Atomico Ventures II.[5][6]

In November 2013, the company completed a $476 million fund raise for Atomico Ventures III.[7][8]

In February 2017, the company completed a $765 million fund raise for Atomico Ventures IV.[7]

In February 2020, the company completed a $820 million fund raise for Atomico Ventures V.[9][10][11]

As of February 2020, 11 startups in Atomico's investment portfolio had achieved Unicorn status with valuations of more than $1 billion.[12]

The company has been involved with exits or substantial transactions in companies including Supercell (sold a majority stake to SoftBank, valuing the business at $3 billion in 2013), The Climate Corporation (acquired by Monsanto for $1.1 billion in 2013), Xobni (acquired by Yahoo! in 2013), PowerReviews (acquired by Bazaarvoice in 2012) and Rovio's $1 billion IPO in September 2017.[13]

The company publicly states that it has an active approach to deal sourcing. Atomico also publishes The State of European Tech report which is published annually at the Slush in Helsinki and Diversity and Inclusion in Tech: A practical guidebook for entrepreneurs.

Investments

The firm's investments include

See also

References
  1. "Atomico raises $820m fund to back European founders". Sifted. Retrieved 2020-06-01.
  2. "LinkedIn company page".
  3. "Why Facebook film The Social Network is essential viewing for entrepreneurs", The Sunday Telegraph, 13 March 2011.
  4. Sapra, Bani. "An investor became a VC during the dot-com bust and cofounded European fund Atomico just before the financial crisis. Here are his 3 big lessons to startups and investors for surviving tough times". Business Insider. Retrieved 2020-06-04.
  5. Staff, V. C. J. (2010-03-22). "Atomico Ventures Raises Second Fund". Venture Capital Journal. Retrieved 2020-06-01.
  6. "Pinterest investor FirstMark, Rovio investor Atomico raise funds". Reuters. 2013-11-12. Retrieved 2020-06-01.
  7. Konrad, Alex. "VC Firm Atomico's New $765 Million Fund Is One Of Europe's Largest Ever". Forbes. Retrieved 2020-06-01.
  8. "Atomico announces $765m investment fund to boost European tech". UKTN (UK Tech News). 2017-02-16. Retrieved 2020-06-01.
  9. "Skype cofounder raises $820m to invest in tech". uk.finance.yahoo.com. Retrieved 2020-06-01.
  10. "Atomico raises new $820M fund to back 'mission-driven' European founders at Series A and beyond". TechCrunch. Retrieved 2020-06-01.
  11. Browne, Ryan (2020-02-18). "Skype co-founder's venture capital firm just raised an $820 million fund to back European start-ups". CNBC. Retrieved 2020-06-01.
  12. "Klarna and Stripe investor Atomico launches fifth tech fund at $820m". CityAM. 2020-02-18. Retrieved 2020-06-04.
  14. Wauters, Robin (November 16, 2011). "Atomico Invests $4.2M In 6Wunderkinder: German Name, Global Ambitions". TechCrunch. Archived from the original on April 11, 2014. Retrieved April 11, 2014.
  15. "Accurx raises £8.8M Series A for its messaging app for medical teams and patients". Retrieved 2020-04-20.
  16. "Atomico promotes surgeon-turned-VC Irina Haivas to partner". au.finance.yahoo.com. Retrieved 2020-04-20.
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