Atomico partner Tom Wehmeier reviews ‘The State of European Tech’ 2019 report

Atomico, the European venture capital firm founded by Skype’s Niklas Zennström, has released its latest annual The State of European Tech report, published in partnership with Slush and Orrick. As part of the report, the authors surveyed 5,000 members of the ecosystem — including 1,000 founders — as well as pulling in robust data from […]

Healx raises $56M Series B to use AI to find treatments for rare diseases

Healx, a Cambridge, U.K.-based startup using AI to help discover new treatments for rare diseases, has raised $56 million in Series B funding. Leading the round is London-base VC firm Atomico, with participation by Intel Capital, Global Brain and btov Partners. All previous investors, including Balderton Capital, Amadeus Capital Partners and Jonathan Milner, also followed […]

Automation Hero picks up $14.5 million led by Atomico

Automation Hero, formerly SalesHero, has secured $14.5 million in new funding led by Atomico, with participation by Baidu Ventures and Cherry Ventures. As part of the deal, Atomico principal Ben Blume will join the company’s board of directors. The automation startup launched in 2017 as SalesHero, giving sales orgs a simple way to automate back-office […]

More Atomico promotions sees three new Partners at the European VC firm

Atomico, the European venture capital firm founded by Skype’s Niklas Zennström, sometimes feels like it’s on a perpetual hiring and promotions spree, even if a number of partners have also departed over the years. Most recently, in November Sophia Bendz, the former Spotify Global Director of Marketing, was promoted to Partner. Bendz had already spent […]

AI chip startup Graphcore closes $200M Series D, adds BMW and Microsoft as strategic investors

UK AI chip startup Graphcore has announced a $200 million Series D round today that’s jointly led by an existing investor, European VC Atomico, along with new investor Sofina, an investment holding firm. Graphcore says the Series D values the company at $1.7M. We’ve confirmed the valuation is $1.5M before including the new capital raised. We’re also […]

Atomico unveils Angel Programme to ‘activate’ the next generation of European investors

Atomico, the London-based venture capital firm co-founded by Skype founder Niklas Zennström, has launched a new program to find, mentor and back the next generation of angel investors across various hubs in the European tech startup ecosystem. Dubbed the Atomico Angel Programme, and unveiled on stage at TechCrunch Disrupt Berlin, the new initiative is headed […]

Pitching a $99 tax advisory service for the masses, Visor has raised $9 million

The only sure things in this life, according to Ben Franklin, are death and taxes. And a new startup called Visor has just raised $9 million in financing to make one of them as painless as possible. Unlike Nectome, Visor won’t kill anyone, but it may ring the death knell for the high-end tax advisors that most Americans […]

Oden Technologies raises $10M to bring data analytics to manufacturing

Oden Technologies, the Industrial IoT startup that provides manufacturing data analytics, has closed $10 million in Series A funding. The round is led by European venture capital firm Atomico, which appears to be revving up its “Industry 4.0” investment strategy following a recent investment in CloudNC. A number of existing investors also participated including EQT […]