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VC Atomico raises €1B in glimmer of hope for European tech startups


It is no secret that European tech funding has seen an alarming decline throughout the past 24 months. Thankfully, there are still some bright spots. London-based venture capital firm Atomico is challenging the trend, having raised $1.1bn (€1.05bn) of new funding to invest in tech startups.  Atomico will use the funds across both its new venture and growth funds, according to a US regulatory filing seen by the Financial Times. As such, it will be hoping to at least soften the gloomy predictions from its own data presented earlier this year on the state of European tech investment.  According to…

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