Great companies can come from anywhere - announcing Atomico III, our $476m fund to help them scale11/19/2013
Great companies can come from anywhere. Talent, ambition and success know no borders. And no matter where they start out, these days great companies can also scale internationally from anywhere. As we’ve seen recently, the very best are becoming global leaders and doing so faster than ever.
That doesn’t make it easy. Technology has simplified many things, but when it comes to expanding internationally, the business and cultural challenges remain hard - most people underestimate just how hard. But it’s vital to building lasting success at scale.
We founded Atomico in 2006 to help entrepreneurs - primarily those outside Silicon Valley - to meet this challenge, and we’re pleased to say we have now closed our third and most recent fund, Atomico III, at $476m, three times the size of our previous fund and oversubscribed. We’ve met a lot of institutional investors who share our excitement at the global opportunity and Atomico III’s investors, alongside the general partners, come from across Asia, the US and Europe, including the EIF.
6Wunderkinder hits new milestone (and crosses its next funding round off its to-do list)11/12/2013
We know that great companies can come from anywhere, and we spend a lot of time with entrepreneurs outside Silicon Valley who have the potential to build international, category-winning businesses. So when we first met Berlin-based entrepreneur Christian Reber, we knew that he and his co-founders were creating something special with 6Wunderkinder and their beautiful to-do list product Wunderlist.
As well as loving their product, we were struck by Christian’s total obsession with the company’s brand – from every tiny detail of the logo, to how they could build a brand which resonates globally on all devices, with users from North America to Europe to Asia across Android, iOS, Mac, Windows and the web.
Onneksi olkoon Supercell! (…that means Congratulations Supercell! in Finnish)10/15/2013
We could not be happier for our friends at Supercell. Today’s news that Softbank and GungHo have made a strategic investment in Supercell, giving them a 51% share that values the company at $3B, is an amazing story for a company that released its first two games, Clash of Clans and Hay Day, just over a year ago. We take our hats off to what Ilkka Paananen and Mikko Kodisoja, Supercell's co-founders, and their truly phenomenal team have achieved so far - and the even more exciting part is that there is a lot more to come.
When we first met Ilkka and Mikko, we were immediately struck by their global ambition, clear strategy and a genuine passion for building a business with a strong culture of talented people. They deeply understood that a strong brand needs not just passionate customers, but also passionate employees. The more time we spent with them and their team, the more excited we became.
For us, it was proof that great companies really can come from anywhere. Here, in Finland, was a group of people building an amazing hyper-growth business, combining products loved around the world with high margins and the fastest growing revenue and profits that we've ever seen - a very rare achievement.