Pan-European growth debt platform Atempo Growth has announced the first close of its second fund, Atempo Growth II, with commitments of over €300 million.

This close increases the firm’s assets under management to over €700 million.

Atempo Growth was launched in 2021 by Luca Colciago, Jack Diamond and Matteo Avramov Giulivi.

“Atempo Growth has supported a diverse portfolio of 32 high-growth, technology companies across Europe with their debut fund,” said Atempo Growth.

“The launch of Fund II underscores the strong demand for its platform and signals Atempo Growth’s continued dedication to the ecosystem.”

Atempo Growth Chief Operating Officer Tina Page 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.”