Atempo Growth
Atempo Growth is a London-based growth debt provider managing €850M in assets, offering venture debt of €3M-€45M+ to high-growth European technology companies from Series A to pre-IPO stages.
- Company typePrivate
- Founded2021
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Atempo Growth does
Atempo Growth is a London-headquartered growth debt provider founded in 2021, managing approximately €850 million in assets under management across two funds. The firm provides venture debt and growth lending to high-growth European technology and tech-enabled companies from Series A through pre-IPO, with typical investment sizes ranging from €3 million to €45 million+ and the capacity to structure up to €50-60 million with institutional co-lenders. Atempo's product is positioned between venture capital equity and traditional bank credit, targeting borrowers that often have negative EBITDA but clear value-creation trajectories, with structures typically including 12 months of pre-amortization followed by 3 years of amortization, and security extending to intellectual property.
Underwriting is built around a proprietary "smart debt" methodology that combines standard credit metrics with non-numerical due diligence — conversations with clients, board members, and market participants — to assess company trajectory. The firm employs approximately 20 professionals across offices in London, Paris, Milan, Munich, and Madrid, covering the UK, Germany, France, Spain, Italy, and Austria.
Atempo generates revenue through management fees on committed or deployed AUM, supplemented by carried interest on fund performance. The firm targets a 1.4-1.5x multiple per deal and 10%+ net IRRs for fund investors, with a diversified LP base that includes Santander (also a minority shareholder of the management company), CDP Venture Capital, the European Investment Fund, BBI, Decalia, and other European banking and insurance groups.
Atempo Growth firmographics
Firmographics- Name
- Atempo Growth
- Legal name
- Alma I Advisory Limited
- Website
- https://atempogrowth.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Atempo Growth is a London-based growth debt provider managing €850M in assets, offering venture debt of €3M-€45M+ to high-growth European technology companies from Series A to pre-IPO stages.
- Ownership category
- akta.pro rank
Atempo Growth industry classification
Industry- Product category
- Venture Debt Lending
- NAICS
- Other Investment Pools and Funds (5259)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- SME Term Loans & Growth Capital (FSAKAGAB)
- akta.pro secondary industry
- Technology & Software Growth Equity (FSANACAA)
Keywords
Where Atempo Growth is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices5 records
Markets served
Atempo Growth business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Growth Debt Lending: Atempo Growth provides venture debt and growth lending to European tech companies. The model is described as 'smart debt', halfway between venture capital and bank credit. They finance rapidly growing technology and tech-enabled companies, often with negative EBITDA and cash flow but with clear value trajectories. Returns are generated through interest payments and principal repayment, with target multiples of 1.4-1.5x per deal and expected net IRR of more than 10% for investors.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Atempo Growth product offering
Product offeringCore offering
Atempo Growth is a private growth debt fund manager that provides venture debt and 'smart debt' financing to high-growth European technology companies from Series A through to pre-IPO stage. Typical transaction sizes range from €3 million to €45 million per deal, extendable to €50-60 million when structured with institutional partners, with structures averaging 12 months of pre-amortization and 3 years of amortization against security on intellectual property.
Product overview
Atempo Growth operates as a growth debt fund providing flexible capital solutions to high-growth European technology and tech-enabled companies. The firm manages €800M in assets under management (as of early 2026) across two funds: Fund I and Fund II. Their investment strategy focuses on supporting companies from Series A through pre-IPO stages, with typical transactions ranging from €3M to €45M. The fund participates in venture debt financing, which complements equity funding by providing non-dilutive capital to fuel growth, extend runway, fund acquisitions, or support strategic liquidity needs. Atempo Growth II reached a final closing of €455 million, bringing total assets under management to approximately €850 million.
Differentiator
Problem solved
Functional benefit
Products and services
- Atempo Growth Venture Debt Financing Flexible venture debt and 'smart debt' financing for high-growth European technology companies from Series A to pre-IPO, with typical ticket sizes of €3M to €45M+ per transaction (extendable to €50-60M with institutional co-investors). Structures include 12 months pre-amortization, 3 years amortization, and security interest on intellectual property; non-numerical due diligence includes qualitative reference checks with clients and board members.
- Atempo Growth Fund II Second vintage growth-debt fund investing in high-growth European technology companies, with commitments from institutional investors including Santander, European Investment Fund, British Business Investments, CDP Venture Capital, Decalia, an Italian banking group, and a European insurance group. Targets a 10%+ net IRR and 1.4-1.5x multiple per deal.
- Atempo Growth Fund I First vintage growth-debt fund focused on European technology companies, with a 43% DPI (Distributed to Paid-In capital ratio) achieved and expected to reach approximately 50%, validating the firm's IRR-focused return strategy.
Quantifiable outcome
- Target 1.4-1.5x multiple per deal with 10%+ net IRR for investors
Companies that use Atempo Growth
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Atempo Growth technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Atempo Growth partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered minor.
- eflowminoreflow partnered with Iress to integrate trade surveillance compliance workflow. Atempo Growth is an investor in eflow.
- ShippeominorShippeo acquired German supply chain automation company Logward. Atempo Growth is an investor in Shippeo.
- Clarity AIminorClarity AI partnered with RiskThinking.ai to deliver physical risk and asset-level intelligence. Atempo Growth is an investor in Clarity AI.
- RiskThinking.aiminorRiskThinking.ai partnered with Clarity AI (Atempo Growth portfolio company) to deliver asset-level physical climate risk intelligence.
Scale indicators11 records
Recent moves8 records
Expansion highlights5 records
Atempo Growth competitors and assessment
Company assessmentDirect peers
- Kreos Capital (BlackRock): European venture and growth debt firm acquired by BlackRock in 2024; founded by Atempo's predecessor team and operates in the same Series A to pre-IPO tech lending market across Europe.
- Claret Capital Partners: London-headquartered growth and venture debt provider targeting European technology companies; competes head-to-head with Atempo in the same ticket-size range and stage.
- MV Credit: Pan-European private credit specialist including direct lending to mid-market and growth companies; comparable geography and stage, and former employer of Atempo's COO Tina Page.
- Hercules Capital: US-listed venture debt specialist that pioneered the growth debt model globally; benchmark for structuring, pricing discipline, and portfolio construction in the tech-debt category Atempo operates in.
- Boost&Co: UK-focused venture debt provider lending to high-growth technology companies from Series A onward; overlapping deal universe and similar structuring philosophy.
- Columbia Lake Partners: London-based growth debt firm focused on Western European technology and tech-enabled businesses; offers similar unitranche and venture debt structures to Atempo's portfolio.
- CIBC Innovation Banking: Venture debt arm of CIBC providing growth capital to North American and European tech companies; competes for the same pre-IPO growth-stage borrowers as Atempo.
Regional players
- Octopus Investments: UK-focused investment platform with venture and growth debt exposure alongside equity; provides an alternative UK-rooted source of growth capital for the same target market.
Broad incumbents
- BBVA Spark: Innovation and venture banking unit of BBVA offering venture debt and growth financing across Europe; former employer of Atempo Partner Christhi Theiss and overlapping fintech and SaaS coverage.
- HSBC Innovation Banking: Global bank-led venture debt franchise providing lending and banking services to technology and life sciences companies; a larger, broader incumbent competing in Atempo's core market.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Atempo Growth social profiles
Digital presenceAtempo Growth financial estimates
Financial estimateRevenue estimate
Valuation estimate
Atempo Growth leadership team
Management profileNumber of profiles
Profiles9 records
Atempo Growth funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Atempo Growth M&A and investment
M&A and investmentM&A
Investments13 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Atempo Growth
What does Atempo Growth do?
Atempo Growth is a private growth debt fund manager that provides venture debt and 'smart debt' financing to high-growth European technology companies from Series A through to pre-IPO stage. Typical transaction sizes range from €3 million to €45 million per deal, extendable to €50-60 million when structured with institutional partners, with structures averaging 12 months of pre-amortization and 3 years of amortization against security on intellectual property.
Is Atempo Growth a public or private company?
Atempo Growth is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Atempo Growth founded?
Atempo Growth was founded in 2021. It employs 11 to 50 people.
Where is Atempo Growth based?
Atempo Growth is headquartered in London, United Kingdom, in the Europe region.
How does Atempo Growth make money?
One revenue line is on record: growth Debt Lending.
Who are Atempo Growth's main competitors?
Direct peers on record are Kreos Capital (BlackRock), Claret Capital Partners, MV Credit, Hercules Capital, Boost&Co, Columbia Lake Partners and CIBC Innovation Banking. Octopus Investments is listed as a regional player. Broad incumbents are BBVA Spark and HSBC Innovation Banking.
Does Atempo Growth have an API?
No public API is recorded for Atempo Growth.
What industry is Atempo Growth in?
Atempo Growth's product category is Venture Debt Lending. Its primary akta.pro industry code is FSAKAGAB, SME Term Loans & Growth Capital, with a secondary code of FSANACAA, Technology & Software Growth Equity. Its NAICS code is 5259 and its SIC code is 6199.