Making Investments Under An Atomic Sky

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Atomic Sky, a Perth-based startup incubator and accelerator, today announced it has raised a second round of financing from a prominent Perth investor.

The funding comes just 6 months after opening its Tech Hub, and will be used to support Atomic Sky’s Plans to increase and scale its investments in local technology startups.

“There has been strong investor interest in what we’re doing at Atomic Sky and it is fantastic confirmation that the model we’ve built to help startups and organisations develop their ideas is working,” said Andy Lamb, co‐founder at Atomic Sky. “The startup scene in Perth is really gaining traction, and being able to increase our level of investment in this space will only generate more momentum”.

Since establishing itself in December 2012, Atomic Sky has provided the Perth startup community with a new model of technology investment and commercialisation. With 9 projects currently underway, Atomic Sky is actively looking to increase its portfolio and this further capital will help accelerate that process. Atomic Sky is looking to triple the number of businesses it is invested in over the next 12 months. The investment will also be utilised to broaden the scope of services that Atomic Sky will offer under the Atomic Sky brand.

Atomic Sky is a Perth based startup incubator and accelerator, focused on helping individuals and organisations turn their goods ideas into great businesses. By providing a mixture of cash, code, commercialisation and co-working space, Atomic Sky provides the necessary pieces of the jigsaw to create success.

As many of you may know, Andy and Simon at Atomic are a key part of SNAP, a regular monthly pitch night, they also play a big part in the Perth startup community as mentors, supporters and sometimes judges.

Investing or consulting with diverse startups such as miKastle, Video Cha Cha, Super Baby & Ted, Eternal Eve, Hey Mate and Trreca and playing host to numerous others, Atomic Sky are set to be a important and permanent fixture in WA such as Fishburners and BlueChilli are in The East.

Their website can be found at http://atomicsky.com.au/.

 

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Startup News has been the home of West Australian startup news and events since 2013. We publish several news stories, interviews, tips and events relating to WA startups every week, with over 1,900 articles in our archives. We also produce the 'Startup West' podcast, and host the 'Hubs (Ecosystem)' database of WA startup programs, places and events.
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