Atomico closes its fifth venture capital fund at $820 million targeting Series A rounds but with the ability to invest in what it calls “breakout” companies at the Series B and C stage.
Our latest fund doubles down on our core strategy: to partner with mission-driven European founders at Series A and beyond, where our Growth Acceleration Team of operational partners can best be deployed to help them scale. At $820 million, our fund size also enables us to continue to invest at Series B and C into breakout companies.
We 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, we 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.
We’re proud to have an increasingly diversified institutional investor base aligned with our vision, who are as excited as we are by the strength of European tech. Atomico V was oversubscribed, closing above our 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.
The new fund brings Atomico’s total assets under management to a hefty $2.7 billion. Investors are said to include various institutional investors, such as pension funds, fund-of-funds, sovereign wealth funds, insurance companies, endowments, banks, family offices and government-backed entities from across the world. Previous investments include Adyen, Klarna, Transferwise, Spotify, Skype, Supercell and Zoopla among others.
Atomico invests in disruptive technology companies with ambitious founders from Series A onwards. Our experienced team includes entrepreneurs and executives from the world’s most successful technology firms who partner with our companies as they scale to become global winners.
Other recent completions include Balterton Capital who raised $305 million for Series A investments in April 2014 and $485M in July 2009. Index Ventures closed a $550 million early stage venture fund in February 2016 and a $700 million growth fund in 2015. The Index funds invest invest in both Europe and the larger US market where as Balterton and Atomic do not address the US market.