Atomico

We created DeepL Voice to help transform collaboration for global companies and multilingual teams. NEC Corporation is synonymous with global innovation, which is why we're so excited for it to become the first business to deploy the solution. Learn more about NEC’s deployment of DeepL Voice:  https://lnkd.in/e7Nv-KNU #LanguageAI #DeepLVoice #AITranslation

🚨 The countdown has begun 🚨 Next week, we unveil something that has the potential to redefine what's possible in healthcare. This isn’t just an update; it’s a leap forward. A vision realized. A moment that could impact how we think about healthcare AI, and the future of care itself. We couldn’t be more excited to share it with you. Join us as we take this next bold step together with our partners, who have been working patiently with us to launch this next big in healthcare 🙌 . . . . . . . . . . . . #healthcare #healthcareai #generativeai #AIinHealthcare #digitalhealth #healthtech #AIrevolution #futureofmedicine #healthcareinnovation #machinelearning #healthcaretechnology

We're in the Financial Times 🙌 🇺🇸 https://lnkd.in/eJpZzV3x We're proud to be part of Madhumita's latest article on the AI space. I've read all her work on Openai, Meta, and Amazon, and I couldn't be more excited to have her cover Corti and the ambient scribe space which is heating up, and in my opinion soon, completely transforming. More to come soon 👀😎 #AI #AmbientScribe #FinancialTimes #Technology #Innovation #FutureofWork #HealthcareAI #VoiceTechnology #SpeechRecognition #Corti

Launching DeepL Voice & DeepL Write ✅ $300m raised at $2B valuation ✅ New LLMs ✅ Check out this interview with CEO Jaroslaw (Jarek) Kutylowski on a busy 2024 for the company and what's in store this year! 🔥 cc. Laura Connell

Great piece by Niklas Zennström whose views are always based on top insight and great food for inspiration Could not agree more on his long term vision for European AI. We are indeed at the beginning of a super-cycle that will take decades to spread in all aspects of the economy and daily life. I would add two points to put today's US leadership on Gen AI into perspective : - there is a bunch of brilliant European Founders developing SOTA on premise AI that will be key in many use cases ; - Europe is also very well positioned in the race for quantum computing, which could turn into a complete game changer. Matthieu Landon Claire Vernet-Garnier Ombeline Gras Anne Bouverot Roxanne Varza Henri Verdier Clara Chappaz Eric Lombard Jean-Noël Barrot Guillaume Avrin Rami Abi Akl, PhD Bruno Bonnell Henna Virkkunen Stéphane Séjourné Michiel Scheffer 🟥 Nadia Calviño Guillaume Klossa Nicolas Veron Lars Frølund Nicolas Miailhe Antoine Bordes Scale-Up Europe

🚀 London Tech Week sneak peek! 🚀 We’re thrilled to share the first announcement of speakers for London Tech Week 2025 - featuring some of the most influential minds in technology, business, and innovation! 💡 Headline Speakers: • Christian Horner CBE – CEO, Red Bull Racing • William S. – CEO, Deliveroo • David Schwimmer – CEO, London Stock Exchange Group • Niklas Zennström – Founding Partner & CEO, Atomico & Founder, Skype • Jean Innes – CEO, Alan Turing Institute • Romi Savova – Founder & CEO, PensionBee • Ilyas Khan, KSG – Founder & Chief Product Officer, Quantinuum • Omar Abbosh – CEO, Pearson Publishing • Melanie Dawes– Chief Executive, Ofcom • James X. Matthews – CEO, Ocado Technology 📅 Date & location: 9-11 June at Olympia, London 🎟️ Join us for the conversations that will define the future of technology and innovation. Register your pass here: https://bit.ly/3ZXL8au 💬 Who are you most excited to hear from? Let us know in the comments!

I posted in December about Europe’s tech confidence crisis. In response I received a few questions about whether Europe has lost the race on AI, and what that means for our future sovereignty - the FT wrote about this yesterday. I see these as two separate conversations:  1) is tech creating value for the European economy, and will this grow? 2) has Europe lost the race for AI, and does it matter if European AI is running on US (or other) rails? Firstly, tech sovereignty or not, Europe will create $5-10+ trillion of further value from technology in the next 10 years. Some of this will be from AI companies (of which we already have 30 worth $1 bn+). If these firms are running on French or American based LLMs is not relevant for this first question. For argument’s sake, if Europe ‘loses out’ to the US and every major foundational LLM is based there - does it matter if US tech is in the stack? We can have a reasonable expectation that Europe will have access to those platforms and continue to build great technologies on them, creating significant financial and societal value. Sensible regulation is of course crucial to ensure valuable functionality isn’t restricted for European users. Secondly, is it desirable for Europe to be independent when it comes to critical tech infrastructure? Yes. Foundational LLM models are one example of this. Today Europe has a horse in the race via Mistral AI. With Cloud we didn’t. With OS we did ( Linux, Symbian) but Europe didn’t produce an enduring winner outside of Linux. We’ve come a long way since then, and history tells us we are very early in a supercycle which will play out over decades. The vast majority of our economy and daily life is still untouched by AI. This isn't likely to be a zero-sum game. Enormous value can be created by companies that build their own domain-specific LLMs, and here Europe has the talent and tools to excel. This is especially relevant to founders going after problems that require specialist data, models, and end-to-end product requirements - DeepL, Corti & Wayve point to the opportunities where specialist data and models will be necessary to create the best products. ElevenLabs is another example with their own proprietary stack. I see this becoming increasingly important as AI moves into more diverse use cases, and from the digital into the physical domain. When it comes to the question of sovereignty, the reality of how we use technology hasn’t been that we’ve stuck to one geographical provider. I’m using a US laptop right now, but you may be reading this on a Chinese or Korean phone. This makes true tech sovereignty difficult to define. I’d like to think Europe and the US are aligned. If there is a French AI giant, how will the Germans feel about that? If we define this at an EU-level, what about the UK? Cont. in comments.... Tom Wehmeier, Andreas Cleve, Jaroslaw (Jarek) Kutylowski https://lnkd.in/e-BWtjnz

Which European VCs to follow on Linkedin? Have enjoyed using this platform to follow some brilliant growth & investment stories this year… 🚀 At a time when Europe’s tech scene needs some optimism, it's great to follow some VCs who continue to have thought leadership and invest in many European stars. Here are a few VCs you might consider following: — 1. Michael Jackson (218k followers) – partner at Wilbe and Multiple Capital and one of Europe’s top tech investors… some thoughtful insights 2. Harry Stebbings (166k followers) – Founder of 20VC and sharer of some great stories – both anecdotes & wider stories about entrepreneurship, investment, and leadership 3. Roxanne VARZA (63k followers) and a place on French posters and a poster boy of a tech founder in husband Ning Li cant be wrong to include this one women epicenter of french vc, even if her core job is, yes, not vc! 4. 🚀 Mark Pearson 🎄 (44k followers) Entrepreneur & VC founder of Fuel Ventures 🚀 5. Dan Bowyer (39k followers) – partner & co-founder at SuperSeed and sharer of some nifty tips and explainers 6. Philippe Botteri (28k followers) – partner at Accel, particularly notable for AI insights 7. Illai Gescheit (28k followers) – founding partner at Gescheit & Partners, and some thoughtful commentary on startups in Europe 8 Niklas Zennström Swedish discretion mandates no showy showing of followers but at the man behind Skype & Atomico & the biblical state of European tech... and a key cheerleader for European tech - no list is complete without. Feel free to share with me any I’ve missed. Who wants to build the definitive list? and yes we need more German and Scandi vcs please...

European tech’s biggest challenge? A crisis of confidence. European tech is in the grip of a low mood. AI is developing at speed, regulators are torn on the path ahead, deep tech faces funding challenges and #Draghi’s report raises questions about technology’s contribution. The consensus is that things have been better! I believe this negativity is exaggerated. In fact, Europe has never had a clearer framework for the new, differentiated ecosystem we’re building. But a shift in mindset is crucial to achieving our potential. Firstly - a reminder on why Europe’s story is important. The questions being asked have serious repercussions for the region as an attractive place to start and build a tech company, and therefore, as a centre to invest capital. Part of the problem is the hackneyed benchmarking of Europe against the US’s 40-year head start, anchored on valuation. Years ago, building Skype, I used to be asked if Europe could produce billion dollar technology companies. There are more than 350 such firms now. The bar was raised to $10 billion, and then $100 billion - since then we’ve seen Europe smash through this target with Arm, ASML - and just last week Spotify was newly minted. Now the question is whether we’ll see trillion dollar firms emerge from Europe. The answer is, and has always been, yes. But while this US comparison once served a purpose in promoting healthy competition, it’s now outlived its usefulness. Let’s put to bed the idea that Europe is a laggard in a race with the superpowers, and instead focus on the special, different ecosystem we’re building. To understand our true potential, we must look at the leading indicators for our ecosystem. Continued in my blog here: https://lnkd.in/eVVY46cV #Europe #EuropeanTech #EUInc #Innovation Atomico, The EU Inc Petition, Tom Wehmeier, Andreas Klinger

💖 Once again, Atomico delivers the most thorough and insightful analysis of our industry. This year’s report takes a step back to reflect on the progress of the last decade and explores what lies ahead for European #tech. Over the past ten years, the sector has changed dramatically. The availability of capital has grown 10x, a highly skilled talent base has emerged, and there is now wider recognition of entrepreneurship as a career path. The number of early-stage companies has grown significantly, and growth-stage businesses are eight times more common than a decade ago. However, challenges remain. Headlines this year have been filled with concerns about regulatory uncertainty, such as the EU’s AI Act, and reports like Mario Draghi’s that highlight Europe’s difficulties in scaling companies. One persistent issue is the $375 billion shortfall in growth funding, which has held back the potential of European scale-ups. Currently, pension funds and insurers in Europe, which collectively manage $9 trillion, allocate just 0.01% of this to venture capital. Imagine the possibilities if this changed. Looking forward, the growth potential is clear. With talent, capital, and strong leadership, Europe could grow into an $8 trillion tech ecosystem within the next decade, creating 20 million jobs. Technology thrives on resilience and long-term vision, and we must focus on the opportunities ahead rather than being constrained by today’s shortcomings. This year’s report is both a celebration of how far we’ve come and a call to action for the work still needed. Congratulations Sarah Guemouri, Tom Wehmeier, and the Atomico team for your outstanding work—looking forward to diving into the data in the days ahead 🤓 and watching the documentary 🍿 🔑 Below are the ‘six keys’ to achieving the future European tech deserves, including capital, talent, regulation, and commercializing research. 🔗 Link to the full report in the comments. #SOET24 #Innovation #EuropeanTech #VentureCapital #Growth