Atempo Growth's New Fund: Fueling European Tech Innovation
April 9, 2025, 4:39 am

Location: Spain, Community of Madrid, Boadilla del Monte
Employees: 10001+
Founded date: 1996
Atempo Growth is on the rise. The London-based venture debt manager has announced a significant milestone: the first close of its second fund, Atempo Growth II, with a robust €300 million raised. This infusion brings the firm’s total assets under management to over €700 million. It’s a leap forward, a testament to the growing appetite for venture debt in Europe.
Founded in 2021 by Luca Colciago, Jack Diamond, and Matteo Avramov Giulivi, Atempo Growth has quickly established itself as a key player in the European tech financing landscape. The firm specializes in providing flexible growth financing to high-potential tech companies. Its debut fund, launched in 2022, was a success, fully investing €272 million within three years. Now, with Atempo II, the firm aims to build on that momentum.
The support from notable investors is telling. Banco Santander, a strategic partner with a 30% stake in Atempo, has pledged up to €160 million for the final close of the new fund. The European Investment Fund (EIF) and British Business Investments (BBI) have also joined the ranks of contributors. This backing highlights the confidence in Atempo’s model and its potential to drive innovation across Europe.
Venture debt is gaining traction. In a landscape where traditional venture capital can be hard to secure, this form of financing offers a lifeline. It targets companies that are already backed by venture capital, providing them with the necessary capital to scale without diluting ownership. Atempo Growth is tapping into this trend, positioning itself as a bridge for tech companies looking to accelerate their growth.
The firm’s approach is rooted in collaboration and agility. Atempo Growth prioritizes building long-term relationships with its portfolio companies. This strategy is not just about providing funds; it’s about empowering businesses to thrive. The firm’s commitment to sustainability further sets it apart. Atempo aims to drive positive change, not just in the economy but in society as a whole.
The tech landscape in Europe is vibrant. Atempo’s portfolio reflects this dynamism, featuring a diverse array of companies across various sectors. The firm’s focus on innovation is clear. By providing tailored support, Atempo helps its portfolio companies navigate the complexities of growth. This is more than just financing; it’s about fostering an ecosystem where tech can flourish.
As Atempo Growth looks ahead, the target for the final close of Atempo II is set between €400 million and €500 million, expected by Q1 2026. This ambitious goal underscores the firm’s confidence in the demand for its platform. The first close is just the beginning. Atempo is poised to expand its European footprint, further solidifying its role in the tech financing arena.
The leadership team at Atempo brings a wealth of experience. With over 20 years in the venture debt space, they have financed more than 100 tech-enabled businesses. This expertise is invaluable. It allows Atempo to identify promising opportunities and provide the right support at the right time.
The landscape for startups is evolving. As venture debt becomes a more popular option, Atempo Growth is at the forefront of this shift. The firm’s strategy aligns with the broader trends in the investment community, where alternative financing solutions are increasingly sought after. Atempo is not just riding the wave; it’s helping to shape it.
In a world where innovation is key, Atempo Growth is a catalyst. The firm’s commitment to high-growth European tech companies is unwavering. With the launch of Atempo II, it is ready to accelerate innovation and support transformative businesses. The journey is just beginning, and the potential is vast.
The backing from major investors signals a strong vote of confidence. Atempo Growth is not just another venture debt manager; it’s a beacon for tech companies across Europe. The firm’s values of collaboration, agility, transparency, and sustainability resonate deeply in today’s market.
As the tech ecosystem continues to evolve, Atempo Growth is well-positioned to lead the charge. The firm’s focus on empowering businesses to drive change aligns perfectly with the needs of the modern economy. With Atempo II, the stage is set for a new era of growth and innovation.
In conclusion, Atempo Growth’s first close of €300 million for its second fund is a significant achievement. It reflects the firm’s dedication to supporting European technology and its commitment to fostering innovation. As the firm looks to the future, it remains focused on building lasting relationships and driving positive change. The road ahead is bright, and Atempo Growth is ready to navigate it.
Founded in 2021 by Luca Colciago, Jack Diamond, and Matteo Avramov Giulivi, Atempo Growth has quickly established itself as a key player in the European tech financing landscape. The firm specializes in providing flexible growth financing to high-potential tech companies. Its debut fund, launched in 2022, was a success, fully investing €272 million within three years. Now, with Atempo II, the firm aims to build on that momentum.
The support from notable investors is telling. Banco Santander, a strategic partner with a 30% stake in Atempo, has pledged up to €160 million for the final close of the new fund. The European Investment Fund (EIF) and British Business Investments (BBI) have also joined the ranks of contributors. This backing highlights the confidence in Atempo’s model and its potential to drive innovation across Europe.
Venture debt is gaining traction. In a landscape where traditional venture capital can be hard to secure, this form of financing offers a lifeline. It targets companies that are already backed by venture capital, providing them with the necessary capital to scale without diluting ownership. Atempo Growth is tapping into this trend, positioning itself as a bridge for tech companies looking to accelerate their growth.
The firm’s approach is rooted in collaboration and agility. Atempo Growth prioritizes building long-term relationships with its portfolio companies. This strategy is not just about providing funds; it’s about empowering businesses to thrive. The firm’s commitment to sustainability further sets it apart. Atempo aims to drive positive change, not just in the economy but in society as a whole.
The tech landscape in Europe is vibrant. Atempo’s portfolio reflects this dynamism, featuring a diverse array of companies across various sectors. The firm’s focus on innovation is clear. By providing tailored support, Atempo helps its portfolio companies navigate the complexities of growth. This is more than just financing; it’s about fostering an ecosystem where tech can flourish.
As Atempo Growth looks ahead, the target for the final close of Atempo II is set between €400 million and €500 million, expected by Q1 2026. This ambitious goal underscores the firm’s confidence in the demand for its platform. The first close is just the beginning. Atempo is poised to expand its European footprint, further solidifying its role in the tech financing arena.
The leadership team at Atempo brings a wealth of experience. With over 20 years in the venture debt space, they have financed more than 100 tech-enabled businesses. This expertise is invaluable. It allows Atempo to identify promising opportunities and provide the right support at the right time.
The landscape for startups is evolving. As venture debt becomes a more popular option, Atempo Growth is at the forefront of this shift. The firm’s strategy aligns with the broader trends in the investment community, where alternative financing solutions are increasingly sought after. Atempo is not just riding the wave; it’s helping to shape it.
In a world where innovation is key, Atempo Growth is a catalyst. The firm’s commitment to high-growth European tech companies is unwavering. With the launch of Atempo II, it is ready to accelerate innovation and support transformative businesses. The journey is just beginning, and the potential is vast.
The backing from major investors signals a strong vote of confidence. Atempo Growth is not just another venture debt manager; it’s a beacon for tech companies across Europe. The firm’s values of collaboration, agility, transparency, and sustainability resonate deeply in today’s market.
As the tech ecosystem continues to evolve, Atempo Growth is well-positioned to lead the charge. The firm’s focus on empowering businesses to drive change aligns perfectly with the needs of the modern economy. With Atempo II, the stage is set for a new era of growth and innovation.
In conclusion, Atempo Growth’s first close of €300 million for its second fund is a significant achievement. It reflects the firm’s dedication to supporting European technology and its commitment to fostering innovation. As the firm looks to the future, it remains focused on building lasting relationships and driving positive change. The road ahead is bright, and Atempo Growth is ready to navigate it.