London-based venture capital firm Atomico has raised €1.12 billion ($1.24 billion) in its largest-ever fundraising effort.
The funds will be divided between two key areas: €681 million for Atomico Growth VI, supporting companies from Series B to pre-IPO, and €438 million for Atomico Venture VI, targeting early-stage startups at Series A, with some Seed opportunities.
Supporting Europe’s Tech Ecosystem
The new funds are designed to empower European tech founders as the continent secures nearly 30% of global early-stage funding. The firm has already made 21 investments from the new funds, backing companies like DeepL, Corti, and Pelago through Growth VI, and startups such as Neko Health, Ben, Dexory, Deeploi, Strise, and Lakera through Venture VI.
Expanding European Startups Globally
Founded by Skype’s Niklas Zennström in 2006, the VC firm focuses on scaling ambitious European tech companies. The firm has partnered with over 155 teams across 15 European countries, with 1 in 6 of its portfolio companies valued at over $1 billion. The VC’s new funds are positioned to help startups achieve global scale and reinforce Europe’s leadership in the tech industry.