Atomico invests in startup Harbor Lab

Ben Blume, a partner at Atomico, has a long list of reasons to explain why the company that manages funds amounting to $4.5 billion is investing in Harbor Lab, the Greek startup that is attempting to digitize the shipping industry.

"The founder, the opportunities in that particular market, the ability of a really powerful product to solve a global problem, the valuable dataset, and the algorithms that Harbor Lab has developed" are the reasons why one of the largest European venture capital funds is investing $16 million in the Athens-based company.

"It is our first investment in Greece. For us, excellent companies can be created anywhere in Europe," he points out, as Atomico has invested in over 100 companies worldwide.

As he reveals to Kathimerini, Harbor Lab, the brainchild of Antonis Malaxianakis, is raising $16 million from Atomico. Existing investors are...