The Quotes are Powered By Forexpros, the Forex, Futures, and Stock Markets Portal.






Management & Strategy


 
Advertisement





Skype founder, Niklas Zennström's fund close with huge takings

Monday, 11 November 2013
Niklas Zennström's venture capital firm Atomico has attracted new billion. The company's third fund has just been closed, after securing $ 477 million, equivalent to Skr3.1 billion in capital.

Niklas Zennström / Wikipedia
This comes from the site Strictlyvc which also adds in the reporting that Atomico, the U.K.-based venture firm that has expanded into numerous countries in recent years, has closed its third fund with $476.6 million, a new SEC filing shows. The firm began raising the capital in October 2012.

Seven-year-old Atomico was founded by Skype co-founder Niklas Zennstrom to (mostly) seek out investments in non U.S.-based startups.  Among its portfolio companies is the three-year-old, Berlin-based task management app developer 6Wunderkinder, which just closed on $30 million in new funding led by Sequoia Capital. (The deal marked Sequoia’s first investment in Germany.)
In 2011, Atomico also participated in the $42 million Series A round of the 10-year-old Finnish game maker Rovio, of the Angry Birds franchise. It’s the only funding that Rovio has publicly disclosed to date.
Read more from Strictly VC
Scancomark.com Team


Print Friendly and PDF