$1.24 billion as European technology comes of age
Today we announce our largest ever fundraise, totalling $1.24 billion. Our two new funds will support Europe’s most ambitious founders in their missions to rewire the world, better.
Atomico was founded with the vision that exceptional companies can come from anywhere. Since inception we’ve partnered with founders from series A, expanding to include growth investments in 2011. The new funds formalise this approach, with a specialised team for each stage of maturity.
The new $754 million Atomico Growth VI partners with entrepreneurs from Series B to pre-IPO. It sits alongside a $485 million early stage fund, Atomico Venture VI, which continues our commitment to working with founders earlier in their journey, predominantly at Series A, alongside occasional Seed opportunities.
It’s no secret that we’ve always championed European technology, and the new funds come as the $3 trillion European ecosystem begins to rival its global counterparts. Europe now captures close to 30 per cent of global early stage funding and is creating more new companies than any other region.
European technology is coming of age. Meeting this opportunity requires ambition, hustle and commitment from founders, who need investors with the experience and perspective to see beyond market cycles. Data shows Europe is leading the world at the early stage with a wealth of new start-ups. Our new funds bring them essential fire power to level up and achieve global scale - from Europe.
We believe that entrepreneurs are the ultimate gamechangers for positive transformation across our society and economy - our mission is to support their global progress. With this purpose in mind, we continue to be a generalist technology investor, partnering across verticals where we see the most ambitious founders building for positive outcomes. We take a founder-focussed approach to helping European entrepreneurs succeed, with hands-on support from a platform of world class operational leaders.
Combined, we have already made 21 investments from the new funds. Atomico Growth VI has most recently partnered with Cologne’s DeepL, Copenhagen’s Corti and London-born virtual clinic provider Pelago. Atomico Venture VI investments include Stockholm’s Neko Health, London’s Ben and Dexory, Berlin’s Deeploi, Oslo’s Strise and Zurich’s Lakera.
When we chose to partner with Atomico, our motivation was more than just funding; it was about finding a collaborator who truly understands what it will take to build the world’s most trusted generative AI for healthcare. Atomico has been a partner in every sense, diving straight into the trenches to navigate the complexities of scaling responsibly and effectively.
Since Atomico was founded in 2006, we’ve made over 155 investments across 15 European countries. 1 in 6 of Atomico’s portfolio is currently valued in excess of $1 billion.
We look forward to partnering with the next generation of gamechangers.
