Capmont Technology funding news – Munich-based Capmont Technology Secures €100 Million in Funding
Sep 19, 2024 | By Team SR
Capmont Technology, a venture capital firm specializing in B2B technology startups across Europe and the US, has announced the launch of a new €100 million fund aimed at early-stage tech companies. The fresh capital brings the firm’s total raised to €300 million since its founding in 2016 (previously known as DI Technology).
SUMMARY
- Capmont Technology, a venture capital firm specializing in B2B technology startups across Europe and the US, has announced the launch of a new €100 million fund aimed at early-stage tech companies.
- The entrepreneurial platform for alternative asset management, Capmont, includes Capmont Technology.
Capmont Technology invests in businesses that show early traction and significant customer demand, supporting creators from late seed to Series B stages. The company specializes on enterprise software as a service (SaaS), robotics, cybersecurity, industrial technology (including manufacturing, supply chain, and IoT), and software-defined hardware. Typical investments have a follow-on round option and range from €2 to €5 million.
Capmont is dedicated to long-term ventures that yield concrete benefits and return on investment for its clientele, surpassing mere financial support. Throughout their growth path, the company offers entrepreneurs strategic support, especially with developing and implementing go-to-market strategies.
Capmont's group of ex-founders, operators, and engineers uses practical knowledge to mentor business owners. They also provide access to a large network of institutional investors, family offices, and ultra-high net worth people (LPs), many of whom are DACH region entrepreneurs and C-level executives.
Among the company's noteworthy investments are ProGlove, an industrial Internet of things startup that Nordic Capital later purchased, Konux, an AI-powered railway optimization company, and Plume, a pioneer in self-optimizing WiFi services. Additional companies in the portfolio are Flowers, Mercanis, Arch Systems, and Celus.
According to Dr. Torsten Kreindl, Managing Partner at Capmont Technology, startups function in a fiercely competitive yet extremely collaborative environment. Our mission is to provide founders with an unrivaled network and to go above and above to support their success. We are in it for the long haul, connecting founders with decision-makers and possible clients or providing backup money when required. It's not just about deploying capital.
Dr. Torsten Kreindl, Managing Partner at Capmont Technology said: “Startups operate in a highly competitive space, but it’s also incredibly collaborative. We aim to offer founders an unmatched network and go above and beyond to help them succeed. It’s not just about deploying capital – we are in it for the long run, introducing founders to decision-makers, potential customers, or stepping in with additional funding when needed.”
Dr Matthias Roth, Partner at Capmont Technology, added: “There are many exciting opportunities to invest in industrial technology applications that truly make an impact while generating superior returns for investors. That’s precisely what this fund focuses on. We’re eager to work with more founders who are fuelled by a strong economic equation where costs are balanced, resources optimised, and nothing is wasted – leading to maximum impact.”
Capmont Technology hopes to keep promoting innovation with its newest fund by supporting B2B tech founders in their endeavors to create long-lasting, disruptive solutions and investing in businesses that define their respective categories.
About Capmont
The entrepreneurial platform for alternative asset management, Capmont, includes Capmont Technology. In order to fully support our portfolio firms, the platform enables us to facilitate larger growth rounds beyond our fund investments.