London’s Atempo Growth secures €300M for the first close of its second Fund: Know more

London-based Atempo Growth, a pan-European growth debt provider, announced the first close of €300M towards its second fund — Atempo Growth II.

The latest funding close brings the total assets under management by the firm to over €700M. 

Atempo Growth’s second fund will support high-growth technology companies in Europe by providing flexible financing.

Tina Page, Chief Operating Officer at Atempo Growth, says, “We are delighted for the continued support of Santander and British Business Investments, and we are excited to welcome the European Investment Fund into our second Fund. This is a significant milestone for Atempo as our AuM crosses over €700M, allowing us to further build on our platform in support of European technology.”

Santander and British Business Investments, who participated in the Atempo I, also invested in this funding close. Additionally, the European Investment Fund (EIF), also contributed to Atempo II. 

Atempo Growth: Growth debt provider

Launched in 2021 by Luca Colciago, Jack Diamond, and Matteo Avramov Giulivi, Atempo Growth is a pan-European growth debt provider.

Since launching its debut Fund in 2022, Atempo has supported 32 portfolio companies across Europe with flexible growth financing.

The company’s portfolio spans multiple sectors, showcasing its commitment to innovation and playing a key role in fuelling the success of high-growth European tech companies. 

The investment focus is based on four key elements:

• High-growth tech companies
• Sector agnostic
• Pan-European
• From Series A to Pre-IPO

“We continue strengthening our team and European presence and look forward to further expanding our European footprint helping accelerate innovation across the Continent,” adds Page.