Currently, Zennström runs Atomico. Based in London, the firm primarily invests in fast growing tech companies with the ability to transform their respective industries. Through Atomico they have invested in over 50 companies on four continents, including Supercell, Rovio, Last.fm, Fon, Rdio, Fab, Klarna and Skype. In May 2011 Skype was purchased by Microsoft for $8.5 billion. It is reported that Zennström and Friis made approximately $1bn between them from the sale. In November 2014 Zennström was inducted into SUP46's Swedish Startup Hall of Fame. Zennström is president of the European Tech Alliance (EUTA), a group of fast-growing tech companies that have all been built in Europe. The EUTA focusses on Europe's strength as a tech hub, and on its contribution to the European economy both in terms of driving investment and creating highly skilled jobs. The group uses their collective experience to feed into the push to strengthen Europe's digital economy. Atomico is an international investment firm focused on the technology sector. The firm looks to invest in fast-growing technology companies that have innovative business models or are new enabling technologies. Headquartered in London with offices in Beijing, São Paulo, Tokyo and Istanbul, it has so far invested in more than 50 companies on four continents. Some of the team’s current and previous investments include category leaders such as Supercell, Rovio, Jawbone, Fon, Fab, Klarna and Skype. Together with his wife Catherine, he founded Zennström Philanthropies to direct their charitable giving in the fields of climate change, human rights and social entrepreneurship. Niklas is specifically engaged in combating climate change and improving the state of the Baltic Sea. Green Mentorship Award is an award created by Zennström Philanthropies to shine spotlight on the work being done by entrepreneurs in Sweden to tackle climate change and create a low carbon future. The winner receives personal mentoring from Niklas Zennström for one year. Zennström is a keen yachtsman and he has built and raced yachts in the TP 52 and the 72ft mini-maxi construction classes for inshore and offshore racing with consistently good results. His highly successful "Rán II" (/ 72ft design, 2009) won the Fastnet Race consecutively in 2009 and 2011. She also won in her class in the Sydney to Hobart Yacht Race in 2009, and tried again in 2010.