About

Atomico was founded in 2006 by Niklas Zennström and Mattias Ljungman. The firm has raised four funds thus far, with the latest, Atomico IV, closing in February of 2017 with $765 million to be invested in high-growth companies. Adding up the previous funds, announced in 2006, 2010 and 2013 respectively, the team has raised more than $1.4 billion.

Since inception, Atomico has made ~100 investments across four continents, including Supercell, Climate Corporation and Rovio which achieved $1bn+exits, alongside Klarna, GoEuro and Gympass which are scaling to become global category winners.

Following the successful close of Fund IV above its target at $765m, the team has been busy putting capital to work primarily into Series A+ post the reduction of product risk. Portfolio companies within Fund IV include Messagebird – the world’s largest cloud communications platform, Graphcore – a processor optimised for AI, Lilium – the fully electric vertical take-off and landing jet, Clutter – the tech-enabled storage solution and Compass – the technology based real estate brokerage platform.

3 Reasons Why We’re Partnered with Atomico

• Niklas Zennström is one of the most well-known European technology entrepreneurs, having previously co-founded Skype and Kazaa. He has established a unique team with deep entrepreneurial and operational expertise: the investment team has two founders of $bn+ exit companies, and the operational team includes highly experienced entrepreneurs and senior operators from Uber, Facebook, Google, Skype and Spotify, who support their portfolio companies to scale their businesses.

• Technology today is transforming every sector and breakout software companies now come from everywhere. The European technology ecosystem is maturing with a growing number of successes, funding and talent; Series A rounds are growing steadily as the ecosystem matures yet pricing of European rounds across stages is around 1/3 that of the US.

• Significantly more capital has been raised by late stage funds in the US than Europe meaning that today late stage rounds are filled by non-European investors. Atomico is well positioned to capitalise on this, with an investment focus on European tech hubs (London, Berlin & Stockholm).

Selected Press