Brian Long Leaves Atlantic Bridge to Launch His Own Technology Investment Fund
In a significant shift within the investment landscape, Brian Long, a co-founder and Managing Partner of Atlantic Bridge, has announced his decision to leave the prominent growth equity firm. Atlantic Bridge, which boasts an impressive €1.4 billion in assets under its management, has played a pivotal role in supporting numerous companies in their quest for growth. Long shared his sentiments in a recent statement, expressing gratitude for the rewarding experiences he had while at the firm. He emphasized the importance of the trusting relationships built with investors and the various investee companies that he collaborated with over the years.
One of Long's notable contributions to Atlantic Bridge was his involvement with Navitas Semiconductor, an innovative company that achieved a remarkable valuation of $4 billion during its IPO. He will continue to serve as a director for Navitas, ensuring a steady hand during this transitional phase. Additionally, he is a member of the advisory board for SambaNova, a company that has attracted significant attention, recently reaching an astonishing $11 billion valuation in its Series F funding round. The anticipation of a NASDAQ IPO next year adds to the excitement surrounding SambaNova.
Another highlight of Long's career at Atlantic Bridge includes leading an investment into Elisity, a company that has recently been sold to IonQ in an all-stock transaction valued at up to $1.3 billion. These successful ventures reflect Long's keen eye for technology investment opportunities and his ability to guide companies towards transformative growth.
As he embarks on this new journey, Long has expressed his eagerness to establish a technology-focused fund that will primarily target investment opportunities in the United States. While specific details of this new venture are yet to be revealed, the excitement is palpable for both Long and potential investors who may be seeking innovative avenues for capital growth.
Long’s departure marks a notable moment in Atlantic Bridge’s history. Kevin Dillon, co-founder of Atlantic Bridge, acknowledged Long's substantial contributions since the firm's inception in 2004. Dillon highlighted the significant investment successes and the meaningful opportunities created for Atlantic Bridge’s investors and partners. He extended his best wishes to Long as he transitions into this new phase of his career.
As the technology market continues to evolve, Brian Long's exit from Atlantic Bridge signifies not just a personal transition but also a shift that could potentially open new doors in the venture capital world. Investors and technology companies alike will undoubtedly be watching closely to see how Long’s new fund will shape the future of technology investments. With his proven track record and extensive network of industry contacts, there is much anticipation surrounding his next moves.
In conclusion, Brian Long's departure from Atlantic Bridge is a significant event that speaks volumes about his ambition and vision for the technology investment landscape. As he sets out to forge his own path with a dedicated fund, the collaborative spirit and innovative potential of the tech industry will remain a focus, ensuring that his expertise continues to foster growth and success within the sector.