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Atomico secures $820 Million Funding to Back European Tech Startups

By ET Bureau - February 19, 2020 1 Mins Read

Atomico, the venture capital firm has secured an $820 million in funding to back European tech startups, targeting Series A and beyond. The venture capital fund founded by Skype co-founder Niklas Zennstrom said the latest funding was oversubscribed, closing above its target of $750 million and attracting investment from a range of institutional investors. The new fund brings Atomico’s total assets under management to a hefty $2.7 billion.

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The firm raised the funds from several institutional investors, including insurance companies, pension funds, sovereign wealth funds, banks, family offices, and government-backed entities from across the globe.



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The Enterprise talk Bureau has five well-trained writers and journalists, well versed in B2B enterprise technology industry, and constantly in touch with industry leaders for the latest trends, opinions, and other inputs- to bring you the best and latest in the domain.

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