Firstminute Capital closes $60 million seed fund with help from Atomico

Firstminute Capital has closed its new seed fund at $60 million to invest in early stage European tech companies. The London-based firm will invest between $250,000 and $750,000 in startups and is currently hiring for its team. The fund was founded by executive chairman, Brent Hoberman and general partner and head of investments, Spencer Crawley. […]

Atomico report: Europe’s game companies need to look east to China

China presents a significant opportunity for European games companies but the market remains a difficult one to crack, according to a report from VC firm Atomico. In the last 15 years there have been 24 billion-dollar games companies, six of which are European (11 are Chinese). Europe is considered the global capital of mobile games […]

On-demand logistics platform OnTruck raises $10 million Series A

OnTruck, an on-demand logistics platform based in Spain, has raised $10 million in a Series A round led by Atomico and Idinvest. Existing investors Point Nine Capital, La Famiglia, and Samaipata Ventures also contributed to the round. OnTruck’s platform automates the process of connecting a shipment to carriers’ trucks with users selecting price specs and […]

Atomico closes its fourth fund at $765 million

VC firm Atomico has announced the close of its latest fund at $765 million. Its fourth fund, dubbed Atomico IV, will invest in European startups from Series A on that have global potential. The fund, and its “value creation” model, is bolstered by an investment team of former executives from Google, Facebook, Uber, and Spotify […]