About Niklas Zennstrom
Niklas Zennstrom is an entrepreneur, partner of venture firm Atomico Ventures and an angel investor. Amongst his entrepreneurial efforts, he is perhaps most famous for co-founding Skype. He also co-founded Joost and Kazaa.Niklas co-founded Skype in 2003 to offer consumers worldwide a free software for making superior-quality calls using their computer. Skype has since expanded its offering for all major computing platforms - Linux, MAC & PC and mobile/ handheld devices. With more than 75 million registered users (hopelessly outdated by the time you read this!), Skype is the fastest growing communications phenomenon in history.Prior to Skype, Niklas founded and served as CEO at Joltid, a software company that develops and markets peer-to-peer (P2P) solutions and traffic optimization technologies for service providers. Niklas co-founded and served as CEO of KaZaA, the consumer file-sharing sensation that became the worlds most downloaded Internet software in 2003.Niklas also co-founded Altnet, the worlds first secure P2P network that promotes commercial content and integrates the full value chain of promotion, distribution, and payment for digital content. Altnet was the worlds largest issuer of DRM licenses.Niklas was CEO of the European everyday.com portal, and held various business development roles at get2net. He started his professional career at Tele2, when there were only 23 employees, with the goal to expand the business footprint across Europe. Today Tele2 is the leading consumer-oriented pan-European telecom operator present in 23 countries.Niklas ZennstrÃ¶m holds dual degrees in business and MSc Engineering Physics/ computer science from Uppsala University in Sweden. He spent his final year at University of Michigan, Ann Arbor.When Niklas is not creating new cutting-edge disruptive businesses, he enjoys sailing, skiing, outdoor activities and travelling. Niklas is happily married.
Niklas Zennstrom Headquarter Location
Latest Niklas Zennstrom News
May 6, 2021
Technology founders in Europe looking for seed-stage funding have a new option on the table: Venture capital firm Moonfire Ventures. Moonfire is the latest vehicle from Mattias Ljungman, a longtime investor who previously set up another European venture capital firm, Atomico, with Skype billionaire Niklas Zennstrom. Ljungman announced his departure from Atomico in 2020, and announced Moonfire's first $60 million fund on Thursday. His new firm will focus on smaller, seed-stage startups and primarily write checks to founders between $1 million and $1.5 million, and smaller checks where it decides to invest earlier. Atomico, by contrast, mostly backs later Series A rounds. Ljungman told Insider that European seed-stage startups are "underfunded" compared to the US. "If you compare Europe to the US, we dont have as many seed funds with a reputation and brand as in the US," he said, citing early Roblox investor First Round Capital and Lyft investor Floodgate Ventures. This does seem to be changing, however. Europe's existing crop of seed funds have scored notable victories, such as UK-based Seedcamp investing early in public software firm UiPath . And according to data from Ljungman's former firm Atomico , there is real dynamism in European seed funding, with round sizes rising from an average of $700,000 in 2016 to $1.2 million 2020. Moonfire hasn't named all of its limited partners, or LPs, who have handed it funding. Ljungman does mention US investment company Cendana is the fund's main backer. Others include Utah School and Institutional Trust Funds Office and Reference Capital. Check out Moonfire's redacted deck below: Sign up for notifications from Insider! Stay up to date with what you want to know. Subscribe to push notifications Newsletter