Atomico, the European venture capital firm founded by Skype co-founder Niklas Zennström, recently announced a $50 million Series B funding atozmp3 round to support the growth of their portfolio companies. The funds will be focused on investing in startups with deep tech expertise in sectors such as AI, robotics, and advanced manufacturing.
The Series B round is led by Atomico, with participation from existing investors like EQT Ventures, and new investors including Future Positive Capital, and KDT. This brings the total amount raised by Atomico to over $2.7 billion across eight funds.
Atomico was founded in 2006 with the mission to support the next generation of entrepreneurs building companies that have a positive impact on the world. The firm has invested in over 120 companies, including several successful startups such as Klarna, TransferWise, and Lilium.
Atomico’s investment toonily philosophy is focused on long-term value creation and they work closely with their portfolio companies to provide strategic guidance, access to a network of experts, and resources to help them achieve their goals.
With the new funds, Atomico plans to continue investing in early-stage startups with the potential to become global leaders in their respective fields. The firm is particularly interested in startups that are using technology to address some of the world’s most pressing challenges, such as climate change, healthcare, and education.
One of Atomico’s recent investments is in a masstamilanfree Danish company called Labster, which provides virtual laboratory simulations for students to learn science in a safe and engaging way. Labster’s simulations are used by over 2,000 universities and high schools around the world, and the company has raised $100 million in funding to date.
Another Atomico portfolio company is Wolt, a Finnish food delivery platform that has expanded to over 23 countries since its launch in 2015. Wolt raised $530 million in its latest funding round, and is now valued at $8.2 billion.
Atomico’s focus on deep tech startups is masstamilan reflected in their investment in Swedish company Peltarion, which provides a platform for building and deploying AI models. Peltarion raised $20 million in its Series A funding round, and has since partnered with several companies to help them implement AI solutions in their operations.
The firm’s commitment to supporting startups that have a positive impact on the world is also reflected in their investments in companies such as Lilium, a German startup that is developing electric vertical takeoff and landing (eVTOL) aircraft to revolutionize urban transportation. Lilium raised $830 million in its latest funding round, and plans to launch commercial operations by 2024.
In addition to providing funding, Atomico also supports its portfolio companies through its Atomico Angel Programme, which provides mentoring and guidance from experienced entrepreneurs and industry experts. The programme is designed to help early-stage startups navigate the challenges of building a successful business and accelerate their growth.
Atomico’s success in identifying and investing in successful startups has made it one of the most prominent venture capital firms in Europe. The firm’s commitment to supporting companies with a positive impact on society and the environment, combined with its focus on deep tech expertise, has made it a go-to partner for startups looking to make a difference in the world.
Overall, Atomico’s latest $50 million Series B justprintcard funding round underscores the firm’s continued commitment to supporting innovative startups that are using technology to address some of the world’s biggest challenges. With a focus on deep tech expertise, long-term value creation, and a network of experienced mentors and industry experts, Atomico is well-positioned to continue its success in the venture capital industry for years to come.