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# Santander backs Atempo Growth's EUR 300 million first fund close
- URL: https://sovereigntymonitor.eu/news/2025-04-03-atempo-growth-ii-first-close/
- Published: 2025-04-03T12:00:00.000Z
- Updated: 2026-10-23T04:00:21.000Z
- Description: Santander said Atempo Growth reached a EUR 300 million first close of its second growth debt fund for European tech scaleups. Santander, which owns 30 percent of Atempo Growth, committed up to EUR 160 million toward the fund's final close.
- Author: Reidar Balstad
- Tags: Industry, investment and R&D, #news, #verified, #ai-drafted

Verified AI-drafted [Santander press release, 3 April 2025](https://www.santander.com/es/sala-de-comunicacion/notas-de-prensa/2025/04/atempo-growth-alcanza-el-primer-cierre-de-su-segundo-fondo-con-300-millones-de-euros-para-invertir-en-tecnologicas-europeas?ref=sovereigntymonitor.eu)

**What it does not test.** It does not establish the fund's final size or whether the targeted EUR 400 million to EUR 500 million close is reached.

**How this item counts.** This item is dated before the index starts on 1 January 2026, so it does not count in the [European Sovereignty Index](https://sovereigntymonitor.eu/sovereignty-index/).

**How this item was made.** Drafted by an AI system (Claude (Anthropic)) from the source cited above and published under the editor’s responsibility without a person reading it first. [How the record is made](https://sovereigntymonitor.eu/method/#how-the-record-is-made)