Pan-European growth debt platform Atempo Growth, founded in 2021 by Luca Colciago, Jack Diamond, and Matteo Avramov Giulivi, has announced the third closing of Atempo Growth II (“Fund II”) securing over €455M in commitments. With this closing, the firms’ total assets under management are currently €850M. Further ad-hoc closings are expected between mid-late January up to the end of March 2026.

Fund II is supported by a strong group of institutional investors, including Santander, British Business Investments, Decalia, European Investment Fund and CDP Venture Capital. A major European insurance group will also invest in the fund, joining the LP base as a cornerstone investor and further solidifying Atempo's platform as it continues to scale across Europe.

Thanks to CDP Venture Capital's involvement, Atempo Growth will strengthen its investment in Italy, where it already has an advisory company, supporting the most promising tech start-ups and contributing to the consolidation of the national economic ecosystem. The platform has already invested in Motork, an Italian company (specialised in digital and SaaS solutions for the automotive sector), and through Fund II, it intends to increase its investment in the Italian market further, supporting innovative scale-ups and contributing to the development of the national venture debt ecosystem.

Luca Colciago, Co-Founder and General Partner of Atempo Growth, said

"With the closing of Atempo Growth II, we are delighted to welcome CDP Venture Capital among our investors. Reaching this milestone is a significant step for the company. With assets under management now totalling €850 million, we can further scale our platform and strengthen our support for European technology companies, with a growing focus on the Italian market. We are continuing to strengthen our team and expand our presence in Europe, with the aim of extending our reach and accelerating innovation across the continent."

Cristina Bini, Director Indirect Investments at CDP Venture Capital, said

​"We are proud to commit in Atempo Growth II, the first venture debt fund in our portfolio. This partnership is in line with our aim to support the Italian tech ecosystem by providing to high-growth companies an additional source of flexible funding."