3. Atomico

  • Atomico is a European venture capital firm headquartered in London, with offices in Paris, Beijing, São Paulo, Stockholm, and Tokyo.
  • Founded in 2006, its founder and CEO is Niklas Zennström, a serial entrepreneur who co-founded Skype and Kazaa.
  • The team includes Hiro Tamura, Chris Barnes, Siraj Khaliq, Ben Blume and Niall Wass.

 

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About Atomico

 

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”.

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.

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.

Atomico Portfolio

 

Atomico has made a total of 178 investments since its foundation in 2006. Their most recent investment was on May 13, 2021, when MasterClass, a provider of an online education platform designed to offer video based vocational courses, raised $225M in a Series F funding round.

Atomico has made a total of 3 diversity investments. Their most recent diversity investment was on Juyl 18, 2012, when Fab, a company who sell everyday design products online, raised $105M in a Series C funding round. Atomico has had also 33 exits. Atomico’s most notable exits include Pipedrive, Supercell, and PedidosYa.

The firm has fundraised for 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. In March 2010, the company completed a $165 million fund raise for Atomico Ventures II. In November 2013, the company completed a $476 million fund raise for Atomico Ventures III. In February 2017, the company completed a $765 million fund raise for Atomico Ventures IV. In February 2020, the company completed a $820 million fund raise for Atomico Ventures V. As of February 2020, 11 startups in Atomico’s investment portfolio had achieved Unicorn status with valuations of more than $1 billion.

 

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