TLDR:
Key Points:
- Atomico’s early-stage fund fell short, closing at $485m instead of the $600m target.
- The London-based firm’s new growth fund exceeded expectations, topping $750m.
In a recent article, it was reported that Atomico, a London-based venture capital firm, experienced mixed results in their latest fundraising efforts. While their sixth early-stage fund closed at $485m, it fell short of the $600m target. However, the firm’s new growth fund exceeded expectations, topping $750m in total. This demonstrates Atomico’s ability to attract significant capital, but also highlights the challenges they faced in meeting their initial fundraising goals. These results will likely impact the firm’s investment strategy moving forward, as they navigate the competitive landscape of the venture capital industry.
