Our investment in Knewton to transform global education, one student at a time12/19/2013
We love working with entrepreneurs who have the ambition to disrupt huge global markets, and it’s hard to think of a more important opportunity than education - a fundamental global good and a $5 trillion market.
For all the amazing tools that have entered universities and classrooms in recent years, education is still fundamentally tied to a one-size-fits-all model. We all know that students vary widely in how they learn, but they’re still taught the same material in the same way, with the same tests and the same homework assignments.
The dream of truly personalised learning is compelling for students, educational institutions, and academic publishers alike – but it’s also a fantastically hard problem for them to solve alone. So today we’re delighted to announce that we’re leading a new funding round to help New York-based Knewton scale its work with the world’s universities, schools and publishers, and make that dream a reality.
Klarna and SOFORT join forces12/19/2013
We love working with high-growth companies who we can help to scale domestically and internationally. In 2012 we invested in the outstanding team at Klarna, who are disrupting the huge and fast-growing online payment market - and we're delighted to say we're now increasing our investment by helping to back Klarna's acquisition of SOFORT in Germany.
H&M’s Election Committee recommends appointment of Niklas Zennström to the Board of Directors12/19/2013
Niklas Zennström, Atomico's CEO and Founding Partner, has been recommended by the Election Committee to become a new member of the Board of H&M, the world's second largest global fashion retailer. We have long admired the way H&M has disrupted the traditional global fashion supply chain to become an amazing business with the largest market cap on the Stockholm stock exchange. An incredible story.