Atomico Builds $165M Fund

Atomico Ventures announced today that it has completed fundraising for its second fund, Atomico Ventures II

March 22, 2010

1 Min Read

LONDON -- Atomico announced today that it has completed fundraising for its second fund, Atomico Ventures II.

The $165 million fund will focus primarily on Europe, and will seek to invest in early stage, high growth technology companies, with the goal to provide outsized returns to investors over the long-term.

The fund will achieve this by investing in outstanding management teams, who address large market opportunities that leverage innovative business models and transformational technologies.

The partners of Atomico are the largest investors in this fund and have been joined by several top-tier institutions, truly aligning interests for all parties.

Niklas Zennström, Founder and CEO of Atomico, commented:“We are delighted to announce that we have completed the fundraising for Atomico Ventures II, which will be focused primarily on early-stage tech companies in Europe. We will seek to invest in exceptional entrepreneurs who are building exceptional businesses. We will target companies that we believe have the potential to generate significant growth, transform their industries, and deliver strong returns.”

Atomico Ventures

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