German “intelligent process automation” startup Automation Hero has secured a $14.5 million funding round led by Atomico, with participation from Baidu Ventures (BV) and Cherry Ventures. This is Atomico’s first deal in Germany in more than two years since it led a €10 million round for Lilium Aviation. It’s also the first one led by […]
Bristol, UK-based semiconductor company Graphcore has raised $200 million in a new equity funding round from investors including Atomico, Microsoft and BMW i Ventures, valuing the company at $1.5 billion pre-money (via FT). Graphcore, which had raised roughly $100 million before this round, designs chips for for artificial intelligence applications and says it recently started […]
This week, Natalie Novick and Andrii Degeler discuss the recent Slush conference in Helsinki, the issues with e-scooters in Madrid, the EC’s new initiative regarding AI, inclusion and diversity in the tech industry, and more.
VC firm Atomico together with Slush and Orrick have released The State of European Tech, a free yearly report covering the venture tech activity across the continent. According to the report, a total of $23 billion has been invested in the industry in 2018, up from just $5 billion in 2013. Generally speaking, the report […]
Dutch startup Framer, which has developed the interactive design platform Framer X, has raised $24 million in a Series B funding round led by Atomico with participation from Accel and AngelList. Founded in 2014, the company has raised a total of $33 million so far. Framer X is marketed as a single tool for design, […]
Today, Varjo announced one of Europe’s biggest investment rounds ever in VR and XR technology, and having seen a glimpse of its “human-eye resolution” hardware and software product at Slush last year, I can’t say I’m terribly surprised. The Helsinki-based company, which was founded in 2016, has secured a $31 million Series B investment led […]
London-founded industrial IoT (IIoT) analytics startup Oden Technologies has raised $10 million in a Series A round led by Atomico, with participation from existing investors including EQT Ventures and Inbox Capital. Niklas Zennström, Atomico CEO and co-founder of Skype, will join the company’s board. The startup claims that its cloud-based data analytics platform for IIoT […]