London-based VC Atomico simply introduced new funds, with a specialised crew for every stage of maturity. The brand new €681 million Atomico Development VI companions with entrepreneurs from Sequence B to pre-IPO. It sits alongside a €438 million early stage fund, Atomico Enterprise VI, which continues its dedication to working with founders earlier of their journey, predominantly at Sequence A, alongside occasional Seed alternatives.
In keeping with the VC, Atomico was based with the imaginative and prescient that distinctive firms can come from wherever. Since inception they’ve partnered with founders from sequence A, increasing to incorporate development investments in 2011.
“European expertise is coming of age. Assembly this chance requires ambition, hustle and dedication from founders, who want traders with the expertise and perspective to see past market cycles. Knowledge exhibits Europe is main the world on the early stage with a wealth of latest start-ups. Our new funds deliver them important hearth energy to degree up and obtain world scale – from Europe,” mentioned Niklas Zennström, founder and CEO, Atomico.
The brand new funds come because the $3 trillion European ecosystem begins to rival its world counterparts. Europe now captures near 30 per cent of worldwide early stage funding and is creating extra new firms than another area.
Atomico believes that entrepreneurs are the last word gamechangers for constructive transformation throughout our society and financial system. With this objective in thoughts, they proceed to be a generalist expertise investor, partnering throughout verticals the place they see probably the most bold founders constructing for constructive outcomes. In keeping with the VC, they take a founder-focussed method to serving to European entrepreneurs succeed, with hands-on help from a platform of world class operational leaders.
Mixed, they’ve already made 21 investments from the brand new funds. Atomico Development VI has most not too long ago partnered with Cologne’s DeepL, Copenhagen’s Corti and London-born digital clinic supplier Pelago. Atomico Enterprise VI investments embrace Stockholm’s Neko Well being, London’s Ben and Dexory, Berlin’s Deeploi, Oslo’s Strise and Zurich’s Lakera.
“After we selected to companion with Atomico, our motivation was extra than simply funding; it was about discovering a collaborator who really understands what it would take to construct the world’s most trusted generative AI for healthcare. Atomico has been a companion in each sense, diving straight into the trenches to navigate the complexities of scaling responsibly and successfully,” added Andreas Cleve, co-founder and CEO, Corti
Since Atomico was based in 2006, they’ve revamped 155 investments throughout 15 European nations. 1 in 6 of Atomico’s portfolio is at present valued in extra of $1 billion.
