TLDR:
European VC Atomico has closed two new funds totaling $1.24 billion to back early- and growth-stage startups across the region. The funds, named “Atomico Venture VI” and “Atomico Growth VI,” are focused on Series A-stage companies and Series B through pre-IPO companies, respectively.
As the global venture capital sphere experiences a downturn, Atomico’s latest fundraise signals investor confidence in the European tech ecosystem. This move also reflects a shift towards later-stage funding for the firm, with a dedicated fund for growth-stage startups.
Additionally, the article highlights the latest trends in European tech funding, with insights from Atomico’s investment track record and market analyses. The article also discusses Atomico’s previous fund sizes, fundraising targets, and recent investments across both funds.
