Atomico, a venture capital firm that invests in innovative technology companies around the world, closed its fifth fund, at $820m.
Atomico V closed above the target of $750m to take Atomico’s total AUM to $2.7B. Investors 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, as well as a number of founders and early team members from some of Europe’s most iconic startups of the past decade – including Adyen, Klarna, Transferwise, Spotify, Skype, Supercell and Zoopla among others.
The firm’s latest fund will continue to invest in mission-driven European founders at Series A and beyond, and support them in scaling through its Growth Acceleration Team of operational partners. The fund size also enables the firm to continue to invest at Series B and C into breakout companies.
Led by Niklas Zennström, Partner and CEO, Founded in 2006, Atomico has made over 75 investments with a particular focus on Europe. Have a look at the portfolio here