Atomico raises 1.24B fund for European startups from seed to pre-IPO
Get the Full StoryAtomico, one of the largest venture capital firms in Europe, has raised 1.24bn to support startups in the region. This is its largest fundraise to date, Atomico says, although falling slightly short of its initial target of 1.35bn. The total amount is a combination of two different funds. The first fund has secured 485mn for early-stage companies, primarily targeting Series A, but also including some seed investments. The second fund will focus on growth investments, to which Atomico expanded in 2011. It will allocate 754mn to support entrepreneurs from Series B up to the pre-IPO stage. Launched in 2006 by This story continues at The Next WebShare: