Atomico announces €757.1 million fund to invest in European startups

Atomico is a European Venture Capital firm headquartered in London, with offices in Paris, Beijing, São Paulo, Stockholm and Tokyo. The company invests at Series A onwards partnering with game changing founders across the consumer, enterprise and frontier technology sectors.

The latest fund doubles down on the core strategy: to partner with mission-driven European founders at Series A and beyond, where the Growth Acceleration Team of operational partners can best be deployed to help them scale. At $820 million, the fund size also enables us to continue to invest at Series B and C into breakout companies.

Atomico partner with ambitious founders who deliver positive, transformational change – across every aspect of our society and economy – building category winners and sector definers. Backed by breakthrough technology and innovative business models, they continue to believe that entrepreneurs are the ultimate gamechangers. They take risks and push boundaries to rewire the world in favour of something better for as many people as possible.

Atomico V was oversubscribed, closing above the target of $750m to take Atomico’s total AUM to $2.7B. Investors in this fund included a mix of high calibre global institutional investors, existing and new, including pension funds, fund-of-funds, sovereign wealth funds, insurance companies, endowments, banks, family offices and government-backed entities from across the world.

Many of Europe’s most successful entrepreneurs and operators have also endorsed their mission. We’ve been joined by several founders and early team members from some of Europe’s most iconic start-ups of the past decade – including Adyen, Klarna, Transferwise, Spotify, Skype, Supercell and Zoopla among others – who have invested as individual LPs in this fund.

They share our belief that we are all only as strong as the wider European tech community. That is why we take a bold, progressive approach to the investments they make, the way in which we partner with our founders and how we engage with the wider ecosystem.

In this decade, technological breakthroughs will increasingly enable founders to take on harder problems. While the global challenges have gotten bigger, so too have the ambition levels of European founders. And the potential rewards. We believe many of the lasting multi-billion dollar companies in this next decade will be those that address these new and harder problems.