Atomico
Our obsession with pets means startups aimed at vets are booming, as Digitail shows
With our mysterious, unsustainable and psychological attachment to pets, combined with a boom in pet ownership since those lonely pandemic times, veterinary practices have come under increasing pressu
Atomico report: European startups on track to raise $85B this year, down from $100B+ in 2021
Startups across Europe are on track to raise $85 billion in funding this year — a drop of $15 billion on 2021 when funding passed $100 billion, according to a new report published today. The fig
Factorial adds $120M and doubles valuation to $1B to build enterprise-quality HR for SMBs
Small and medium businesses, long overlooked in the building of innovative technology, have lately become a key focus in the world of B2B software. Now, a startup called Factorial — one of the b
Despite remote work and the economic downturn, some companies look to London for expansion
Barely a day goes by without news of layoffs emerging from the tech world — from cybersecurity to gaming, no industry is impervious. It’s not limited to any particular size of company, ei
Employee benefits platform Ben raises $16M to cut HR admin
Employee benefits platform Ben today announced it has raised $16 million in a Series A round of funding led by European VC giant Atomico. While salary is undoubtedly the main draw in a company’s
Despite an ‘unprecedented correction’, Atomico’s newest partner wants to help European founders thrive
It has been a busy few months for Atomico, the European venture capital (VC) juggernaut founded by Skype co-creator Niklas Zennström some 16 years ago. After promoting three investors to partner back
PocketLaw, a contract automation SaaS for SMEs, secures Atomico’s support
Swedish startup PocketLaw — a contract automation software-as-a-service legal tech platform that is mainly focused on SMEs — has pocketed €10 million (~$11 million) in Series A funding l
Vaayu, a carbon tracking platform for retailers, pulls in $11.5M seed round led by Atomico
The last couple of years have seen a boom in carbon calculation startups, and long may it reign. (We need all the help we can get to avoid the disaster of global warming and climate change.) Included
Portuguese VC Shilling tops up its Founders Fund, hitting $59M in capital to deploy
Further evidence of the booming Portuguese tech ecosystem is emerging today with the news that venture capital firm Shilling is topping up its “Founders Fund” to €52 million ($59 million
Gaia, a platform to finance IVF treatments, closes $20M Series A led by Atomico
Gaia is a startup that is effectively out to “de-risk” the whole process of IVF fertility treatment, using products like personalized insurance and payment plans. It’s almost BNPL fo
Self-driving startup Vay to launch commercial teledriven service in Hamburg in 2022
Vay, a company that is trying to get self-driving car services to market faster by pursuing a teledriven approach, has raised a $95 million Series B round to help it launch its first commercial servic
5 things you may have missed in Atomico’s 2021 Europe report
We’re taking a look at exit volumes, talent issues, good and bad news for gender diversity in Europe, pension fund money, and which collections of former employees are founding the most companies.
European tech booms, but Southern Europe and founder diversity still lagging
Europe is “solidifying its place as a global tech power,” according to Atomico’s annual State of European Tech 2021 report, research which has become an annual fixture of the European tech scene
Abacum, a SaaS for finance teams, adds $25M in Atomico-led Series A
Abacum, a SaaS maker geared toward upgrading midsized companies’ financial planning and analysis tools, has fast-followed the $7 million seed it raised in April with a $25 million Series A round
Framework raises $2M seed to create an ‘on-demand business school’ aimed at startups
Business education is, let’s face it, finding it hard to keep up with a $3 trillion global tech startup economy that’s booming right now. High-growth companies are time-starved and so are thei
Data platform Y42 raises $31M
Berlin-based low-code data platform Y42 today announced that it has raised a $31 million Series A funding round co-led by Atomico and Insight Partners. La Famiglia, which led the company’s seed
SheeldMarket raises $10 million for its institutional crypto investment platform
Paris-based cryptocurrency broker SheeldMarket has raised a $10 million Series A funding round led by Atomico. As a EU-registered broker, the company wants to help institutional investors buy and sell
Employee mental health platform Oliva raises $2.2M pre-seed round led by Moonfire Ventures
Just as many other employee services have gone digital, so too is mental health. In the consumer space there are growing startups like Equoo, but the race is now on for the employee. And since telemed
AI startup investment is on pace for a record year
AI rounds are particularly hot or at least as hot as the larger SaaS market, which is itself enjoying historically rich multiples as more capital pours into the aggregate startup world.
Katana raises $11M Series A to be the SaaS powering ‘manufacturing entrepreneurs’
Katana, an Estonian startup that has built manufacturing-specific enterprise resource planning (ERP) software for SMBs, has raised $11 million in Series A funding. Leading the round is European ventur