Recently announced the closing of its fifth flagship fund, Atomico V, raising $820 million from investors. With this funding, Atomico aims to continue its mission to support innovative startups that can create a positive impact on the world masstamilan.
The Atomico V fund was oversubscribed, attracting a diverse range of investors, including pension funds, endowments, sovereign wealth funds, family offices, and technology entrepreneurs. The fund’s limited partners include the European Investment Fund, the British Patient Capital, and the investment arms of industrial companies such as Cisco and Siemens myvuhub.
Atomico’s investment focus is on early-stage startups that are building transformative technologies in sectors such as healthcare, fintech, artificial intelligence, and robotics. The firm has a particular interest in startups that can make a positive impact on society and the environment, including those working on sustainable energy and reducing carbon emissions.
One of Atomico’s most significant investments to date is in Finnish gaming company Supercell, which it backed in 2013. Supercell is now one of the most successful mobile game developers in the world, with hits such as Clash of Clans and Hay Day. Atomico’s investment helped Supercell grow into a $10 billion company teachertn.
Atomico has also backed successful startups such as AI-based healthcare platform Kry, productivity software company Trello, and messaging app Hike. The firm has a proven track record of identifying promising startups early on and providing them with the necessary funding and support to scale and succeed.
The new Atomico V fund will enable the firm to continue this strategy of backing early-stage startups with significant potential. Atomico plans to invest in around 30 companies from the fund, providing funding of between $5 million and $50 million per investment pagalsongs.
The firm aims to help its portfolio companies not only with funding but also with strategic advice and access to Atomico’s network of industry experts and entrepreneurs. Atomico has a team of 28 investment professionals across its London, Sao Paulo, and Tokyo offices, as well as a network of advisors and mentors.
Atomico’s founder and CEO, Niklas Zennström, said in a statement that the firm’s mission is to help build the next generation of global category leaders that will have a positive impact on society. Zennström said that the firm’s focus on purpose-driven companies, combined with its global network, makes it well-positioned to identify and support the most promising startups yareel.
The Atomico V fund’s closing comes at a time when venture capital investment in Europe is booming. According to data from PitchBook, European startups raised a record $49.5 billion in funding in 2021, up from $38.9 billion in 2020.
The pandemic has accelerated the adoption of digital technologies, leading to increased investor interest in startups that are driving digital transformation across industries. Atomico’s focus on early-stage startups in sectors such as AI, fintech, and healthcare puts it at the forefront of this trend.
In conclusion, Atomico’s successful fundraising for its fifth flagship fund is a testament to the firm’s reputation as a top venture capital firm in Europe. The new funding will enable Atomico to continue supporting purpose-driven startups with significant potential, driving innovation and positive impact on society and the environment.