European Venture Firm Atomico Raising $1.35 Billion in New Funds

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Venture capital firm Atomico is raising $1.35 billion in new funds for investments to pursue bets as Europe’s technology sector surges.

Atomico is raising $750 million for a growth fund and $600 million for a venture fund, according to filings with the U.S. Securities and Exchange Commission. The funds have already held a first close, according to a person familiar with the matter.