The report from Atomico takes the pulse of the European tech industry, which had a record year for investment in 2017.
VC firm Firstminute Capital has closed its new $85 million fund to invest in early stage European startups with backing from Chinese giant Tencent. The London-based fund, cofounded by Brent Hoberman and Spencer Crawley, is also backed by VC firm Atomico and was oversubscribed beyond its original $60 million goal in June. It will invest […]
London games studio Bossa Studios has raised $10 million in a Series A round led by Atomico with participation from London Venture Partners. The BAFTA-winning company (I am Bread, Surgeon Simulator, and Worlds Adrift) will look to recruit new talent as it focuses on AI, user-generated content, and open development ahead of the public launch […]
Lilium, the German company behind the electric “air taxi”, has raised $90 million in a Series B round from Tencent, Atomico, LGT, and Obvious Ventures. Lilium is building an electric aircraft called the Lilium Jet that’s capable of vertical take-off and landing and can carry up to five people. It completed its latest rounds of […]
Financial management app Cleo has raised £2 million led by Local Globe’s Robin Klein with participation from Atomico CEO Niklas Zennström and Albion founder Jason Goodman. Launched in January, Cleo uses AI to monitor your bank accounts and manage your money. According to the company, it’s currently managing £400 million in assets where it handles […]
Digital health startup Hinge Health has raised $8 million in a Series A round led by Atomico. The startup, which was founded in London but is now based in San Francisco, develops hardware and software for monitoring musculoskeletal (MSK) disorders, like knee and lower back pain. Its wearables analyse a user’s condition and delivers results […]