Sep 17, 2024

Atom + Scholarly Angels

Atom Secures Backing to Transform Research Funding

Atom Secures Backing from Scholarly Angels to Revolutionize Research Funding

We are excited to announce that Atom has received strategic support from the Scholarly Angels, marking a significant milestone in our journey to transform the research funding landscape. This backing comes at a pivotal moment as we expand our presence across universities in the United States, bringing our innovative platform to more researchers than ever before.

The Power of Experience and Vision

The Scholarly Angels bring to the table decades of combined experience in research technology and innovation. Their deep understanding of the academic ecosystem and the challenges faced by researchers will be invaluable as we refine and expand our platform.

In their announcement, the Scholarly Angels expressed their enthusiasm for our vision:

"Ever since we were introduced to Tomer du Sautoy and Hamilton Evans back in June we have been deeply impressed by the two of them as founders, as well as by their vision for improving the process by which researchers can discover and apply for grant funding opportunities in their field of research."

This collaboration will help us better serve the needs of the academic community and drive innovation in research funding.

Strategic Growth and Innovation

This strategic investment will fuel our growth and enable us to make significant strides in three key areas:

Growing Our Talented Team: We'll be expanding our workforce, bringing in more brilliant minds to help us push the boundaries of what's possible in research funding technology.
Enhancing Our Product Offerings: With additional resources, we'll be able to accelerate our product development, introducing new features and improvements that will make funding discovery and application processes even more efficient and user-friendly.
Accelerating Our Expansion: We're set to rapidly increase our presence across more institutions in the United States, bringing the power of Atom to researchers nationwide.

A Thoughtful Approach to Growth

The Scholarly Angels highlighted our strategic approach to funding and growth:

"Fortunately, Tomer and Ham had the wisdom and maturity to understand the risks that come with raising too much funding, too early on, from investors with a limited understanding of the scholarly market. Instead, they decided to focus on bringing together a small group of scholarly angel investors who could provide the initial seed investment and hands-on support they actually needed in order to develop a sustainable business that can provide tangible value to scholarly researchers and their institutions."

This approach aligns perfectly with our vision of building a sustainable, value-driven business that truly serves the needs of the academic community.

A Word of Thanks

We extend our heartfelt gratitude to Paul Peters, Andrew Preston, and Ben Kaube for their belief in our vision and their recognition of Atom's potential to transform the research funding ecosystem. Their support and expertise will be crucial as we navigate the next phase of our growth.

We also want to give a special shout-out to Sven Fund, our earliest backer, whose initial faith in Atom has been instrumental in getting us to where we are today. Additionally, we're grateful for the ongoing support from Josh Nicholson, whose contributions continue to drive us forward.

Looking Ahead

As we embark on this exciting new chapter, we remain committed to our core mission: helping researchers access the funding they need to pursue groundbreaking work. The support from the Scholarly Angels will amplify our efforts and accelerate our impact on the academic community.

The Scholarly Angels summed up their excitement for our future:

"Congratulations Tomer and Ham on taking another important step in your journey, we look forward to helping you and the rest of the Atom Grants team in any way we can!"

We're more excited than ever about the future of Atom and the positive changes we can bring to the world of research funding. Stay tuned for updates as we continue to innovate, grow, and support the academic community in new and powerful ways.