London-based VC Atomico simply introduced new funds, with a specialised workforce for every stage of maturity. The brand new €681 million Atomico Progress VI companions with entrepreneurs from Collection 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 Collection A, alongside occasional Seed alternatives.
In accordance with the VC, Atomico was based with the imaginative and prescient that distinctive firms can come from anyplace. Since inception they’ve partnered with founders from collection A, increasing to incorporate development investments in 2011.
“European know-how 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. Information reveals Europe is main the world on the early stage with a wealth of recent start-ups. Our new funds carry them important hearth energy to stage up and obtain world scale – from Europe,” stated 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 every other area.
Atomico believes that entrepreneurs are the final word gamechangers for constructive transformation throughout our society and financial system. With this goal in thoughts, they proceed to be a generalist know-how investor, partnering throughout verticals the place they see essentially the most formidable founders constructing for constructive outcomes. In accordance with the VC, they take a founder-focussed strategy to serving to European entrepreneurs succeed, with hands-on assist from a platform of world class operational leaders.
Mixed, they’ve already made 21 investments from the brand new funds. Atomico Progress VI has most just lately partnered with Cologne’s DeepL, Copenhagen’s Corti and London-born digital clinic supplier Pelago. Atomico Enterprise VI investments embody Stockholm’s Neko Well being, London’s Ben and Dexory, Berlin’s Deeploi, Oslo’s Strise and Zurich’s Lakera.
“After we selected to accomplice with Atomico, our motivation was extra than simply funding; it was about discovering a collaborator who actually understands what it is going to take to construct the world’s most trusted generative AI for healthcare. Atomico has been a accomplice 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 remodeled 155 investments throughout 15 European international locations. 1 in 6 of Atomico’s portfolio is at the moment valued in extra of $1 billion.
