Atomico

The company operates a classic venture capital asset management model. It raises closed-end funds from limited partners, manages those funds by sourcing, diligencing and investing in early- and growth-stage technology companies, and then works with portfolio companies to drive value creation until exit. It also runs structured programmes such as an angel investor cohort to broaden dealflow and extend its sourcing network. Research and insight outputs, including the State of European Tech report, serve as tools to improve internal decision-making and as public thought leadership to attract founders and LPs. Value is created by generating capital gains on portfolio exits relative to the capital invested, and by strengthening the broader technology ecosystem that supplies investment opportunities.

Atomico is a London-based venture capital firm founded in 2006. It raises dedicated early- and growth-stage funds and invests in technology companies, primarily in Europe, deploying capital through direct venture investments and structured angel programmes. The firm also produces research such as the State of European Tech report to inform its investment activity and support ecosystem stakeholders.

Atomico generates revenue through management fees on assets under management and carried interest from successful investments. Its direct customers are institutional and private limited partners (LPs) that commit capital to its funds; portfolio companies and angel programme participants consume its capital and support but are not the primary payers.