Launched in 2021 by Luca Colciago, Jack Diamond and Matteo Avramov Giulivi, pan-European growth debt platform, Atempo Growth has announced the first close of its second fund, Atempo Growth II with commitments of over €300M.
This close reportedly increases the firms AuM to “over €700M.”
Atempo Growth says that it has supported “a diverse portfolio of 32 high-growth, technology companies across Europe with their debut fund.”
The launch of Fund II underscores the “demand for its platform and signals Atempo Growth’s continued dedication to the ecosystem.”
Tina Page, Chief Operating Officer, at Atempo Growth said:
“We are delighted for the continued support of Santander, British Business Investments and Decalia, 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, giving us the opportunity to further build on our platform in support of European technology. We continue strengthening our team and European presence and look forward to further expanding our European footprint helping accelerate innovation across the continent.”
Founded in 2021, they reportedly aim to “support European ambition and innovation.”
They are working with “high-growth technology companies to support them from Series A through to Pre-IPO across Europe and beyond.”
Following the appointment of Tina Page as COO, Atempo Growth announced last year that it further strengthen its team by welcoming Neel Shah as Finance Director.
Neel brings nine years of experience within finance, “most recently as a Finance Manager at Coller Capital, a major global investor in the private equity secondary market.”
Prior to this, Neel served as a Senior Advisor at EY.
Luca Colciago, Co-Founder said:
“We are thrilled to welcome Neel Shah to Atempo Growth as our Finance Director. Neel’s strong background in fund accounting and his experience with major financial institutions will be invaluable as we continue to scale and enhance our financial operations.”
In addition to Neel Shah’s appointment, Atempo Growth is expanding its investment and operations teams “to further strengthen its presence in the venture debt market.”
Atempo Growth is a venture debt investor dedicated “to providing flexible and tailored financing solutions to high-growth, tech-enabled businesses across Europe.”