Brian Long, co-founder and Managing Partner of Atlantic Bridge, is leaving the growth equity firm to establish an independent technology investment fund in the United States.
Atlantic Bridge, which manages €1.4 billion in assets, invests in technology businesses across Europe and the US.
Long’s new venture, whose name has not yet been disclosed, will concentrate on investment opportunities within the US technology sector.
Long to Retain Roles in Semiconductor and AI Companies
Despite his departure from Atlantic Bridge, Long will maintain several existing industry positions.
He will continue serving as a director at Navitas Semiconductor, which achieved a $4 billion valuation at the time of its initial public offering (IPO).
Long will also remain on the advisory board of SambaNova.
The company‘s recent Series F funding round brought its valuation to $11 billion, and it is planning to pursue a NASDAQ listing next year.
Elisity Investment Leads to $1.3 Billion Acquisition
Long also led Atlantic Bridge’s investment in Elisity, a company that recently announced its acquisition by IonQ.
The deal is structured as an all-stock transaction and carries a potential valuation of up to $1.3 billion.
Atlantic Bridge Maintains Global Investment Operations
Atlantic Bridge is a global growth equity technology investment firm managing more than €1 billion across eight funds.
The firm invests in technology companies operating in both European and US markets.
Its international operations are supported by offices and teams in Palo Alto, London, Dublin, Munich and Paris.