European VC Atomico Raises $1.24 Billion for Tech Startups

Team S · 2024-09-11T11:12:12.000Z

Atomico, a prominent European venture capital firm, has closed two new funds totaling $1.24 billion. The funds are split into a $485 million "Atomico Venture VI" for early-stage startups and a $754 million "Atomico Growth VI" for later-stage companies. This marks Atomico's largest fundraise to date, with the growth fund slightly exceeding its target while the venture fund fell short by nearly 20%. https://tech.eu/2024/09/09/atomico-completes-largest-ever-raise/

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European VC Atomico Raises $1.24 Billion for Tech Startups | Newnex