Atempo Development has introduced the primary shut of its second fund at €300m (£256.5m).
Santander and British Enterprise Investments had been included within the Atempo II elevate, having beforehand participated in Atempo’s first fund, Atempo I.
The European Funding Fund additionally contributed to the second fund.
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Atempo Development focuses on supporting high-growth European expertise corporations. The agency stated that the success of the second fund underscores the sturdy demand for its platform.
This shut will increase Atempo Development’s property beneath administration (AUM) to over €700m.
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“We’re delighted for the continued assist of Santander and British Enterprise Investments, and we’re excited to welcome the European Funding Fund into our second fund,” stated Tina Web page, chief working officer, at Atempo Development.
“It is a vital milestone for Atempo as our AUM crosses over €700m, giving us the chance to additional construct on our platform in assist of European expertise.
“We proceed strengthening our staff and European presence and look ahead to additional increasing our European footprint serving to speed up innovation throughout the continent.”
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