Atomico

TravelPerk raises $200M as valuation nearly doubles to $2.7B

Fundraising /

Barcelona-based business travel management platform TravelPerk has raised $200 million at a hefty $2.7 billion valuation — almost double the $1.4 billion valuation at its previous fundraise last year. Alongside the raise, TravelPerk also announced it has acquired Swiss startup Yokoy to bring native expenses management into the fray. With the travel and tourism industry […]

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Venture funding in Europe in 2024 fell to $45 billion, says Atomico

Fundraising /

Funding for European tech appears to have stabilised in 2024 after dropping precipitously in 2023, but the signs continue to point to more tough times ahead, according to the latest State of European Tech report.  The annual survey — produced by European VC firm Atomico — notes that startups in the region are on track

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Raycast raises $30M to bring its Mac productivity app to Windows and iOS

Fundraising /

Anyone who works at a computer for eight-plus hours a day will likely know that the amount of tools and “context switching” required to stay productive can be overwhelming. “Where did I put that file?” “How do I manage all my Bluetooth devices?” “How quickly can I switch from my to-do list, to my GitHub,

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Atomico backs Tem to help businesses buy renewable energy directly from sources

Climate /

A U.K. startup wants to do for utilities what neobanks have been doing for the financial sector for more than a decade: disrupt an age-old industry using technology, streamline it and cut out the middlemen. London-based Tem has built a marketplace and platform to connect businesses directly to renewable energy sources, and it is working

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European VC Atomico closes $1.24B across two funds for early and growth-stage startups

Fundraising /

As European startups continue to look for signs of sustained market confidence beyond the hype around AI companies, Atomico — one of the region’s more iconic, largest venture capital firms — has raised more money to make investments that might indicate how the market is really moving. The VC has closed new funds totalling $1.24

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Let there be Light! Danish startup exits stealth with $13M seed funding to bring AI to general ledgers

Startups /

It’s not the sexiest of subject matters, but someone needs to talk about it: The CFO tech stack — software used by the chief financial officers of the world — is ripe for disruption. That’s according to Jonathan Sanders, CEO and co-founder of fledgling Danish startup Light, which exits stealth Wednesday with $13 million in

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Shipping logistics startup Harbor Lab raises $16M Series A led by Atomico

Startups /

Cargo ships docking at a commercial port incur costs called “disbursements” and “port call expenses.” These might include port dues, towage, and pilotage fees. It’s a complex patchwork and all ports operate their own procedures, much of it on spreadsheets. The global cost from port calls, for all vessels, is over $220 billion dollars per

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