London-based venture capital firm Atomico has announced two new funds totaling €1.12 billion, marking its largest fundraise to date. The funds target different stages of business growth, with a dedicated team for each phase.
Atomico Growth VI, worth €681 million, focuses on supporting companies from Series B to pre-IPO, while Atomico Venture VI, a €438 million fund, caters to early-stage startups, primarily at Series A, with occasional Seed investments. Both funds aim to drive growth in Europe’s tech ecosystem.
Atomico’s founder and CEO, Niklas Zennström, highlighted the significance of Europe’s role in the global tech landscape: “European technology is maturing, and founders need investors who understand long-term growth. Our new funds are designed to provide that essential support, helping startups achieve global scale from Europe.”
The funds are launched as Europe’s $3 trillion tech ecosystem is gaining momentum. European companies now capture nearly 30% of global early-stage funding, outpacing other regions in new company creation. Atomico’s founder-driven approach emphasizes hands-on collaboration, providing entrepreneurs with the operational expertise to navigate scaling challenges.
So far, Atomico has made 21 investments from these funds, including partnerships with notable companies such as DeepL, Corti, and Pelago from the Growth VI fund. The Venture VI fund has backed startups like Neko Health, Ben, Dexory, and others across Europe. Atomico, founded in 2006, has a track record of supporting over 155 companies across 15 countries, with a significant portion of its portfolio now valued above $1 billion.
The new funds reflect Atomico’s continued mission to drive positive transformation through technology, supporting European founders at every stage of their journey.
