{"id":443265,"date":"2023-04-13T09:42:44","date_gmt":"2023-04-13T07:42:44","guid":{"rendered":"https:\/\/innovationorigins.com\/?p=443265"},"modified":"2023-04-13T09:42:44","modified_gmt":"2023-04-13T07:42:44","slug":"european-venture-capital-firm-atomico-opens-its-first-berlin-office","status":"publish","type":"post","link":"https:\/\/ioplus.nl\/archive\/en\/european-venture-capital-firm-atomico-opens-its-first-berlin-office\/","title":{"rendered":"European venture capital firm Atomico opens its first Berlin office"},"content":{"rendered":"\n

European start-up investor Atomico<\/a> opens its first Berlin office, demonstrating its growing commitment to the German start-up scene. The company has recently invested in German start-ups such as DeepL<\/a> and Vaayu<\/a>. Atomico’s Berlin office signals an important milestone for the local start-up ecosystem, as the investor has historically allocated 10% of its capital to the German-speaking region. Despite the current economic challenges and remote work trends, face-to-face exchange remains crucial in the industry. Atomico, founded by Skype creator Niklas Zennstr\u00f6m in 2006, has invested in 120 start-ups.<\/p>\n\n\n

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Eindhoven\u2019s student venture capital fund bags \u20ac400.000 – Innovation Origins<\/div>
Round One Ventures, a student-run and oriented to venture capital fund, received \u20ac400.000 from public investors.<\/div><\/div><\/div>\n\n\n

Increasing presence in Europe<\/h2>\n\n\n\n

Atomico is expanding its presence in Europe, opening local hubs in Berlin and Stockholm, alongside its existing Paris office. With 75% of its investments from its recent fund going into EU-based companies and 58% of its investors holding EU passports, the firm aims to support European start-ups in scaling globally. The company has partnered with 17 of the 26 billion-dollar companies headquartered in Europe and has seen the region’s early-stage start-up pipeline match that of the United States. Europe holds 31% of global early-stage<\/a> funding rounds under $5 million, while the US holds 33%. Both regions convert 1.9% of seed-funded start-ups into unicorns.<\/p>\n\n\n\n

By opening local hubs in Berlin, Stockholm, and expanding its Paris presence, Atomico aims to deepen its involvement in these world-class cities for innovation. The firm has already demonstrated its commitment to the region through investments in start-ups like y42, Vaayu, PocketLaw, and Aplo. Dedicated team members are present in all locations, with Mathieu Marc (VP) and Konstantin Zedelius (VP) full-time in France and Germany, supported by Partners Laura Connell and Luca Eisenstecken. In Stockholm, Associate Amanda Hultman and Partner Andreas Helbig support the firm’s presence.<\/p>\n\n\n\n

Atomico’s focus on mission-driven founders<\/h2>\n\n\n\n

Atomico has raised an $820 million mega fund in 2020, bringing its total assets under management to $2.7 billion. Led by founder Niklas Zennstr\u00f6m, the firm seeks “mission-driven” founders at Series A and beyond, with examples including Healx, Infarm, and Koru Kids. Hiro Tamura, a London-based partner, focuses on early-stage consumer, fintech, software, and late-stage ventures, assisting companies with international expansion and helping founders with hiring, financing, introductions, and counsel. Sophia Bendz, a Stockholm-based partner, focuses on femtech and the Nordics, with a background as Global Marketing Director at Spotify and a prominent angel investor. She has developed Atomico’s angel programme for diversity in angel investing and early-stage company sourcing, building strong relationships with founders and supporting them through the ups and downs of the start-up journey.<\/p>\n\n\n\n

Significance of Atomico’s Berlin office<\/h2>\n\n\n\n

The opening of Atomico’s Berlin office is an essential signal for the international venture capital markets, as the start-up scene closely monitors where venture capital firms operate their offices, using it as an indicator of a location’s standing in international competition. Christian Miele, President of the Federal Association of German Start-ups, welcomed the strengthened presence of esteemed investors like Atomico in Berlin. Recent investments in Germany include the Cologne-based online translator DeepL, which has become a unicorn, valued at over one billion dollars, thanks in part to Atomico’s financial support.<\/p>\n","protected":false},"excerpt":{"rendered":"

European start-up investor Atomico opens its first Berlin office, demonstrating its growing commitment to the German start-up scene. The company has recently invested in German start-ups such as DeepL and Vaayu. Atomico’s Berlin office signals an important milestone for the local start-up ecosystem, as the investor has historically allocated 10% of its capital to the […]<\/p>\n","protected":false},"author":2580,"featured_media":494088,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"categories":[3009],"tags":[56487,21660,38801,9273],"location":[24456],"article_type":[36684],"serie":[],"archives":[],"internal_archives":[],"reboot-archive":[],"class_list":["post-443265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup","tag-atomico","tag-berlin","tag-investment","tag-vc","location-germany","article_type-news"],"blocksy_meta":[],"acf":{"subtitle":"European venture capitalist firm Atomico expands presence, with new local hubs in Berlin and Stockholm.","text_display_homepage":false},"author_meta":{"display_name":"Laio","author_link":"https:\/\/ioplus.nl\/archive\/author\/laio\/"},"featured_img":"https:\/\/ioplus.nl\/archive\/wp-content\/uploads\/2023\/04\/20230329-Atomico-by-CherieBirkner-WEB-3.jpg","coauthors":[],"tax_additional":{"categories":{"linked":["Start-ups<\/a>"],"unlinked":["Start-ups<\/span>"]},"tags":{"linked":["Atomico<\/a>","Berlin<\/a>","investment<\/a>","VC<\/a>"],"unlinked":["Atomico<\/span>","Berlin<\/span>","investment<\/span>","VC<\/span>"]}},"comment_count":"0","relative_dates":{"created":"Posted 3 years ago","modified":"Updated 3 years ago"},"absolute_dates":{"created":"Posted on April 13, 2023","modified":"Updated on April 13, 2023"},"absolute_dates_time":{"created":"Posted on April 13, 2023 9:42 am","modified":"Updated on April 13, 2023 9:42 am"},"featured_img_caption":"","series_order":"","_links":{"self":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/posts\/443265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/users\/2580"}],"replies":[{"embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/comments?post=443265"}],"version-history":[{"count":0,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/posts\/443265\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/media\/494088"}],"wp:attachment":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/media?parent=443265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/categories?post=443265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/tags?post=443265"},{"taxonomy":"location","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/location?post=443265"},{"taxonomy":"article_type","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/article_type?post=443265"},{"taxonomy":"serie","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/serie?post=443265"},{"taxonomy":"archives","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/archives?post=443265"},{"taxonomy":"internal_archives","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/internal_archives?post=443265"},{"taxonomy":"reboot-archive","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/reboot-archive?post=443265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}