The venture capital firm Atomico with Skype founder Niklas Zennstrom spearheaded opens a fourth investment fund with $ 750 million in the arsenal. It reports TechCrunch.
The company is based in London and invests in technology-intensive start-ups based in London, Stockholm, Helsinki or Berlin.
Atomicos team consists of a handful of entrepreneurs. The company fourth fund means a proper upshift. The value of the third fund was 476.6 million while the equity round was completed in 2013.
Zennström is alongside Skype several successful investments behind it, including the Finnish game company Rovio and Supercell.
they were also one of the first players who went in with venture capital in the Climate Corp. The company focuses on the agricultural market and the business idea is to collect rainfall data helps to predict how large this year’s harvest will be. When the investment is sold, the value of $ 1 billion. The company had then almost increased tenfold its value. The total risk capital of the company was only 109 million.
The company confirmed that the size of the Fund also state that they have tied several top names to future investors, including Brent Hoberman who was co-founder of lastminute.com and made.com .
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