Atomico raises $1.24B fund for European startups from seed to pre-IPO
Briefly

Atomico has successfully raised $1.24bn for European startups, a significant figure that, while not meeting its initial target, shows strong growth in early-stage funding.
Despite a backdrop of decreased late-stage funding, Atomico highlights a resurgence in VC investment driven by sectors like energy and GenAI, indicating a recovery.
Niklas Zennström emphasizes the maturation of European technology, stating, 'Data shows Europe is leading the world at the early stage with a wealth of new startups.'
With one in six Atomico portfolio startups valued over $1bn, the firm underscores significant successes, such as DeepL and Klarna, in the European tech landscape.
Read at TNW | Ecosystems
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